Africa business
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African Business · United Kingdom · Africa's EV and battery-swap firm Spiro closes a US$270m round as China's NewTrails Capital adds US$55m
Frames the China-into-African-cleantech thesis and the awkward twist that Transsion's own TankVolt EV brand competes with Spiro even as its affiliate funds it.
“Chinese investment powers $270m Spiro funding round.”