With an additional $18 Million, Africa Go Green Fund renews its confidence in Spiro and doubles down its financing commitment

Africa Go Green Fund (“AGG”), a climate-focused debt fund managed by Cygnum Capital, has increased its financing commitment to Spiro by $18 million, doubling AGG’s total commitment to the African electric mobility company to $36 million. The additional financing builds on the debt facility closed in December 2025, under which AGG committed $18 million and Nithio $7 million. AGG also acted as the investment structuring lead for the original transaction.