Ampersand

News articles published about this entity.

Bendada.com - Dec 23, 2024
EXCLUSIVE: Spiro to ramp up EV production in Nigeria with new assembly plant
Spiro will launch its first EV assembly plant in Ogun State, Nigeria by March 2025. The new plant will increase production capacity from 1,000 units in 2024 to 100,000 bikes.
Rahul GaurSpiroOgun StateUgandan GovernmentAmpersand
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WeeTracker - Nov 08, 2024
Gig Workers Are Driving Ethiopia’s EV Push With Help From A Fledgling Startup
Gig workers in Addis Ababa are transitioning to electric motorcycles for economic benefits. Dodai has over 7,000 electric motorcycles on the roads of Ethiopia.
SpiroDodaiROAMAmpersand
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Tech Labari - Aug 29, 2024
Rwanda EV Startup Ampersand Raises $2 Million in Series A Extension
Ampersand has raised a $2 million Series A extension to expand to other East African countries. The investment will accelerate the rollout of their EV energy technology and infrastructure to the mass market.
BYDAmpersand
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Tech In Africa - Jun 28, 2024
African Climate Tech Startups Surge to the Top in Investment Boom
Africa's climate tech startups have secured nearly half of all funding accumulated in 2024. Climate tech funding has experienced significant growth over the past five years.
AfricaBYDAmpersand
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Tech In Africa - Jan 18, 2024
Rwandan Electric Motorcycle Company Ampersand Secures $19.5 Million Investment
Ampersand secured a significant investment of $19.5 million through debt and equity funding. The funding round was led by the Ecosystem Integrity Fund and included participation from notable investors such as Acumen and the Hard Edged Hope Fund.
Ecosystem Integrity FundCygnum Capital’s Africa Go Green FundAmpersandHard Edged Hope FundAcumen
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