News

India’s Spiro Launches Electric Motorbike Operations in Cameroon

India’s Spiro Launches Electric Motorbike Operations in Cameroon
Tuesday, 13 May 2025 17:17

(Ecofin Agency) - Indian electric motorbike maker Spiro is entering the Cameroonian market. The company wants to promote electric mobility and support local industrial development, according to a May 10 announcement by CEO Kaushik Burman.

Spiro’s plan aligns with Cameroon’s goal of developing a local automotive industry. Under the 2025 finance law, electric vehicles are now exempt from the 12.5% excise tax. In addition, new electric motorbikes, batteries, and charging stations will benefit from a 50% reduction on their taxable value for a 24-month period.

The project will begin in July 2025 with the deployment of 100 electric motorbikes in Douala. Spiro will also set up a network of battery swap stations, with one station every 3 kilometers. The goal is to ease concerns about battery range and reduce operating costs. According to Rahul Gaur, Spiro’s General Manager for West Africa and Cameroon, “users will spend only CFA1,500 to cover 100 kilometers, which is cheaper than fuel-powered bikes.”

In Phase 2, Spiro plans to build a motorbike assembly plant in Cameroon. This facility will help meet user demand and ensure a smooth rollout of services.

The project is expected to create hundreds of direct and indirect jobs. On average, each battery swap station will employ about 3.5 people. Additional jobs will be created at the assembly plant and at future maintenance centers, where local engineers and technicians will be hired to encourage technology transfer.

Spiro’s expansion into Cameroon is part of a broader strategy backed by a CFA29.1 billion loan from Afreximbank, based on an agreement signed on May 17, 2024. The funding will support the development of an automated battery swap network and the rollout of new electric bike models, aimed at making clean mobility more affordable and practical.

The company is already active in Togo, Benin, Nigeria, Kenya, Uganda, and Rwanda. With its entry into Cameroon, Spiro is expanding its presence in the CEMAC zone. Founded in 2019, the company reports more than 3 million electric bikes in operation across Africa, with a total of over 341 million kilometers covered.

Cameroon is also seeing local efforts in this space. The start-up Bee plans to invest CFA610 million to introduce Tembo electric motorbikes.

 
On the same topic
Morocco and Burundi signed 10 cooperation agreements across key sectors. Both countries adopted a 2025–2027 roadmap to deepen bilateral...
Africa Global Logistics (AGL) announced an investment of CFA4 billion to expand its logistics hub in Kribi, Cameroon. The goal is to keep pace with rising...
On May 8, 2025, the Ministry of Transport, Communication Routes and Opening-up issued an official letter listing 240 unapproved river and lake ports...
In the Democratic Republic of Congo (DRC), state-owned Lignes Maritimes Congolaises (LMC) is about to add two vessels to its fleet, according to its Board...
Most Read
01

Tanzania will now require all local transactions to be priced and paid in Tanzanian shillings. ...

Tanzania Bans Use of Foreign Currencies for Domestic Transactions
02

KoBold Metals, the U.S.-based mining company backed by heavyweight investors including Bill Gates an...

KoBold Metals Steps Up to Secure Manono Lithium Deposit in DR Congo
03

This initiative reflects ECOWAS’s commitment to a results-driven, people-centred digital transformat...

ECOWAS, World Bank Launch Regional Workshop to Advance Digital Integration
04

• MTN to distribute 1.2 million 4G smartphones at $5.42 for prepaid users.• Move supports South...

MTN South Africa to Sell 4G Smartphones for $5 to Boost Network Upgrade
05

• PalmPay plans to enter South Africa, Côte d’Ivoire, Uganda, and Tanzania by late 2025• The fintech...

Nigeria’s PalmPay to Expand into 4 African Countries by End of 2025
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.