Ampersand

Ampersand Partners With TotalEnergies Kenya To Roll Out Electric Motorcycle Battery Swapping Stations In Kenya

Kenya’s motorcycle industry is booming, buoyed by the ever growing motorcycle taxi (Boda Boda) industry. There are over 2 million motorcycles registered in Kenya. Estimates put the total number of registered motorcycles in the wider East African region at well over 5 million motorcycles and these are essentially all internal … [continued]

Ampersand Secures $9 Million Debt Facility From US International DFC To Scale Operations

A number of startups focused on electrifying the motorcycle and motorcycle taxi (boda-boda) market have now entered the boda-boda space in Kenya, Uganda, and Rwanda. They have adopted several models, including battery leasing and swapping services, hoping to entice boda-boda operators with the lower opex costs of electric motorcycles. They … [continued]