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Ampersand has secured $7 million in funding to expand its electric motorcycle fleet in East Africa.

Aug 15, 20254 months ago

Amount Raised

$7 Million

KigaliManufacturingRenewable Energy

Description

Ampersand has successfully secured $7 million in a recent funding round. The funding will be used to expand their electric motorcycle fleet specifically in East Africa. This investment is aimed at increasing mobility and sustainability in the region. The company is focused on providing efficient electric solutions.

Company Information

Company

Ampersand

Location

Kigali, Kigali City, Rwanda

About

Ampersand is Africa's first electric transport energy company with the longest and most successful track record of serving a commercial e-motorcycle fleet and battery swapping network at scale. Since Ampersand was founded in 2016, it has grown to be best in class for technology and performance, with hundreds of employees and a presence in Rwanda and Kenya. Ampersand is leading the way for affordable, low-carbon public transport, creating green jobs.

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