AHL Venture Partners
AHL Venture Partners, established in 2007, is a Vancouver-based venture capital firm with offices in Nairobi, Lusaka, and Accra. It specializes in providing growth capital to companies operating in energy access, financial inclusion, agriculture, and climate sectors, primarily in Eastern and Southern Africa. The firm is known for its entrepreneur-centric approach, making swift investment decisions, participating in follow-on funding rounds, and offering ongoing business support through locally based teams with deep market insights.
Ampersand
Series A in 2024
Ampersand is a company based in Kigali, Rwanda, that focuses on manufacturing affordable electric vehicles and charging systems specifically for motorcycle taxi drivers in East Africa. By providing a battery swap network and an operating system, Ampersand aims to make sustainable mobility more accessible and affordable in developing markets. The company's initiatives not only enhance the livelihoods of local drivers but also contribute positively to the environment. As of January 2024, Ampersand has attracted 2,000 customers who collectively travel 1.5 million kilometers weekly in Nairobi and Kigali, illustrating the growing demand for electric mobility solutions in the region.
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