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Rwandan e-motorbike maker Ampersand secures fund for East African expansion
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Rwandan e-motorbike maker Ampersand secures fund for East African expansion
Rwandan-based electric motorbike manufacturer Ampersand has raised an undisclosed fee in a funding round. The new fund, which represents fresh working capital, will allow the company to expand its operations across East Africa. The round was backed by the British International Investment (BII), the UK’s development finance institution, supported by the Seedstars Africa Ventures, Gaia Impact, the Rwanda Green Fund and Raspberry Syndicate. Other i…
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