Silicon Valley Is Now Paying Attention To East Africa’s Motorbike Taxis
The biggest ever investment for an e-mobility startup in Sub-Saharan African has been made. San Francisco-based Ecosystem Integrity Fund (EIF) just pumped USD 3.5 Mn into Ampersand—a Rwandan startup among the leaders in the region’s motorbike taxi market and Africa’s first electric motorcycle company. “This investment shows that e-mobility in 2021 is just as much about motorbike …
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