Ampersand, Africa’s first electric motorcycle company, has secured a $9 million loan facility from the U.S. International Development Finance Corporation (DFC) to expand its operations in Rwanda and Kenya. The deal represents DFC’s first loan for electric mobility and signifies increasing investor confidence in Africa’s rising e-mobility sector. Headquartered in Kigali, Rwanda, Ampersand assembles and … Continue reading Rwanda’s Ampersand Secures $9m Funding From U.S. International Development Finance Corporation to Scale Operations