Ampersand Lands New Funding Aims for 13,000 Electric Motorcycles and a Doubled Battery-Swap Network by 2026
Rwanda-Kenya electric mobility startup Ampersand has secured a new financing package anchored by a working-capital facility from British International Investment (BII) and fresh equity from several impact-focused investors to scale its fleet to 13,000 electric motorcycles and double its battery-swap network across East Africa by early 2026.
Photo courtesy of IMF Focus | Transportation.
Source: Africa Digest News (link opens in a new window)
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