Public Management

Ampersand to start commercialization of electric motorcycles in Rwanda

Monday, 08 October 2018 21:02

Ampersand, a startup focused on the East African market and whose main activity consists in assembling electric cars, announced that it has tested four models of electricity powered bikes which are less polluting.

The startup spent three years on research to be able to assemble those two-wheel ecological machines. After the experimentation phase, Ampersand is planning to start commercialization of these machines by the end of 2019 in Rwanda and later proceed to other East African countries.

By conceiving those low carbon production and less polluting machines, Ampersand targets a market of more than 3 million motorcycle riders and potential buyers in East Africa.

Motor riders use a large part of their revenues to buy fuel. With electric energy, we allow those riders to save $900 per year in fuel bill.  Our machines will be less costly compared to those using fuel”, Josh Whale, Ampersand’s founder, said.

Chamberline Moko

Additional Info

  • communiques: Non
  • couleur: N/A
On the same topic
Key Highlights • Somalia inaugurates its first stock exchange, the National Securities Exchange of Somalia (NSES), in Mogadishu. • NSES will start...
Key Highlights: • Master Plastics receives undisclosed funding from Nedbank and Investec to expand sustainable packaging production. • Metier Capital...
Key Highlights: • Ghana requires approximately $6 billion in funding to implement comprehensive flood prevention and control measures.• Flooding...
West Africa’s regional exchange is exploring a shift from T+3 to same-day settlement Global markets are already adopting faster cycles like T+1 and...
Most Read
01

• Maritime sector faces renewed risks amid military tensions in the Middle East• Blockade fears at S...

Israel-Iran conflict raises new threats for global shipping and oil trade
02

Egypt signs deals to import up to 290 LNG cargoes over 30 months, starting in July Trafigura,...

Egypt secures 290 LNG shipments ahead of peak summer electricity demand
03

(AfDB)-Egypt's first integrated solar and battery storage plant will deliver dispatchable clean ener...

AfDB, EBRD and BII support pioneering solar and battery storage project in Egypt with $476 million loan
04

Lion Group to explore and exploit gold, copper, and manganese in Algeria Malaysian firm plans...

Algeria, Lion Group sign mining and metals investment deal
05

This launch is a significant milestone that highlights Rwanda's ongoing digital transformation. With...

MTN Rwanda Launches 5G Network in Kigali, Paving Way for Nationwide Expansion
Enter your email to receive our newsletter

Ecofin Agency provides daily coverage of nine key African economic sectors: public management, finance, telecoms, agribusiness, mining, energy, transport, communication, and education.
It also designs and manages specialized media, both online and print, for African institutions and publishers.

SALES & ADVERTISING

Benjamin FLAUX
bf@agenceecofin.com 
Téls: +41 22 301 96 11 
Mob: +41 78 699 13 72
Média kit : Download

EDITORIAL
redaction@agenceecofin.com

More information
Team
Publisher

ECOFIN AGENCY

Mediamania Sarl
Rue du Léman, 6
1201 Geneva
Switzerland

 

Ecofin Agency is a sector-focused economic news agency, founded in December 2010. Its web platform was launched in June 2011. ©Mediamania.

 
 

Please publish modules in offcanvas position.