Hi, welcome to Tech This Evening, an After-Work Tech Newsletter from Techparley Africa. Sure, there is a lot to unpack right now. Sit back, while I walk you through.
Top Story: Spiro Raises $50 Million to Expand Africa’s Battery-Swapping and Electric Mobility Market – What This Means
Spiro, a pioneer in battery-swapping technology and electric mobility in Africa, has raised $50 million in debt funding from Afreximbank, Nithio, and the Africa Go Green Fund, managed by Cygnum Capital.
The funding follows Spiro’s landmark $100 million investment in October 2025, which set a record as the largest-ever electric mobility investment on the continent.
Spiro said the new capital will support the expansion of its battery-swapping network, advance proprietary technology including automated battery swaps, fast charging, and renewable energy integration, and open new markets for electric mobility across Africa.
“Demand for Spiro’s innovative, industry-leading battery swapping infrastructure continues to grow and is reshaping mobility in Africa by providing reliable, clean transportation options across the continent. With strong financial backing and cutting-edge technology, Spiro is leading Africa’s transition to sustainable mobility,” said Kaushik Burman, CEO, Spiro.
Other Tech News Stories You Should Read:
G42 and Publicis Sapient Partner to Scale Enterprise AI Deployment Across Emerging Markets. Read now.
Ricursive Intelligence Raises $300m to Automate Chip Design with AI. Read now.
XSML Capital Raises US$142M for Fourth African Fund, Surpassing Target in Strong Vote of Confidence for SME Financing. Read now.
On Startup Spotlight:
Veeam Launches Agent Commander to Help Detect AI Risk, Protect AI Systems, and Undo AI Mistakes
Veeam Software has unveiled Agent Commander, a first-of-its-kind solution designed to help organisations detect AI risk, protect AI systems, and undo AI mistakes with precision.
The platform represents the first integration from Veeam’s acquisition of Securiti AI, combining the capabilities of both companies to deliver comprehensive visibility, control, and protection across an enterprise’s entire data and AI estate.
Agent Commander will be available in a forthcoming release of the Securiti Data Command Center, uniting industry-leading data resilience and data security functions in a single, operational platform.
“With Agent Commander, organizations know what data is powering AI, and it gives them the power to detect, protect, and, when necessary, undo AI actions with speed and precision. It represents the future of what’s expected from data security and data resilience, and it’s only possible with Veeam’s unified platform,” said Anand Eswaran, CEO, Veeam.
Quadri Adejumo brings you all the details. Read here.
Also Read:
EFG Hermes Expands Retail Investing With Five Mutual Funds on ONE App, Opening Institutional-Grade Access to Everyday Egyptians. Yakub Abdulrasheed brings us the details, here.
Quote of the Day:
“Any sufficiently advanced technology is equivalent to magic.” – Arthur C. Clarke.
Thank you for joining me yet again this evening. Stay safe, and see you tomorrow for the next tech newsletter.
Best, Quadri
