Ampersand Rwanda Ltd, Africa’s first electric motorcycle company, has just secured a $3.5 million investment from the Ecosystem Integrity Fund (EIF). The deal is the largest ever e-mobility investment by a venture capital fund in sub-Saharan Africa and marks a turning point in global electric transport.

Headquartered in Kigali, Rwanda, Ampersand assembles and finances electric motorcycles (‘e-motos’ or ‘e-bodas’) that are cheaper, cleaner and better performing than the 5 mill...