Kawu Musa Idris-Idah, 15th July 2026
- Company name: Spiro (formerly M AUTO Electric Mobility)
- Year founded: M AUTO Electric Mobility was founded in 2014 and rebranded as Spiro in 2022 following a major investment by Africa Transformation and Industrialization Fund (now Equitane)
- Founder: Mansoor AliKhan Abdul Buhari founded M AUTO Electric Mobility. Equitane was founded by Gagan Gupta
- Operational in: Kenya, Uganda, Rwanda, Cameroon, Togo, Benin, Nigeria
- Total raised since founding year: USD 350 million+.
Funding breakdown
| Year | Stage / financing type (if available) | Investors / financiers (if available) | Amount raised (USD) & notes* |
| 2022 | Equity | Africa Transformation and Industrialization Fund (ATIF, now Equitane) | 20 million |
| 2023 | Debt | GuarantCo, British International Investment (BII), Société Générale | 63 million |
| 2025 | Growth financing | Fund for Export Development in Africa (FEDA, an Afreximbank impact fund) | 100 million |
| 2026 | Debt + Equity | Afreximbank, Nithio, Africa Go Green Fund, Impact Fund Denmark, Equitane, NewTrails |
215 million * Includes USD 50 million debt financing secured in 2024 from Afreximbank, Nithio and Africa Go Green. ** Includes USD 55 million investment from NewTrails. |