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.
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.
Rwandan e-bike startup Ampersand banks $19.5m funding
Ampersand has raised $19.5 million in equity and debt funding to expand its operations. The company assembles and finances electric motorcycles that outperform petrol motorcycle taxis in East Africa.
