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By Frank Eleanya When President Bola Tinubu announced the removal of Nigeria’s decades-old fuel subsidy in May 2023, the shockwaves were immediate and severe. Overnight, petrol prices surged from ₦185 ($0.36) to above ₦500 ($0.96) per litre, later climbing past ₦600 ($1.15). As households and businesses struggled with the inflationary fallout, the policy shift also reshaped […]
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This story is written and edited by Global South World Africa’s dependence on imported fuel is tightening national budgets, but one company is betting on electric mobility to break that cycle. Spiro, which has deployed 65,000 electric motorbikes across six African countries and built hundreds of swap stations, has raised US $100 million to scale […]
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The upcoming Africa Energy Indaba is set to showcase the pivotal role of electric vehicles (EVs) in shaping the future of sustainable transportation across the continent. As part of the event’s comprehensive agenda, the Electric Vehicle Forum will bring together industry leaders, experts, and enthusiasts to discuss and accelerate the adoption of electric mobility solutions […]
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