Ampersand, Africa’s Electric Mobility Pioneer, Secures Major Investments To Scale Clean Transport in East Africa - CleanTechnica

Ampersand, a leading electric mobility company in East Africa, has secured significant investments to accelerate the adoption of electric motorcycles and related infrastructure across the region. The company’s ability to structure blended finance has attracted both equity and catalytic junior debt from investors such as BII, Seedstars Africa Ventures, Gaia Impact, and Raspberry Syndicate. This combined capital will enable Ampersand to expand its electric motorcycle fleet, battery swap network, and charging infrastructure, supporting thousands of motorcycle taxi drivers with cleaner, more affordable transportation options. The article highlights the broader context of electric mobility in Africa, particularly the rapid growth of the electric motorcycle market within the “boda belt,” a region stretching from Tanzania to Senegal where motorcycle taxis dominate public transport. Nearly 30 million motorcycles operate in this sector, with almost all currently powered by internal combustion engines, presenting a large opportunity for electrification. Electric motorcycles offer significant benefits, including reduced air pollution and approximately 45% annual savings on fuel and maintenance costs for drivers, which