August 29, 2024
Everstrong Capital Announced a $1M Investment in East Africa’s E-Mobility Sector
Everstrong Capital, an infrastructure investment manager and the driving force behind USAHIHI, has announced an investment of $1 million in Ampersand, an electric mobility company that offers electric motorcycles with the mission to electrify transport, cut emissions, and drive sustainable growth across East Africa.
Everstrong Capital’s investment in Ampersand aligns with Usahihi’s vision for sustainable e-mobility infrastructure in the Northern Corridor. With Everstrong Capital backing Ampersand’s mission to electrify transport, Usahihi will benefit from the increasing shift towards sustainable and more cost-effective transportation solutions in East Africa.
The Usahihi Expressway Incorporates Electric Mobility Solutions
The Usahihi Expressway is more than just a road, it is a critical artery that will drive economic growth, connecting major ports and inland regions. Incorporating e-mobility solutions into this infrastructure will revolutionize the way goods and people move across Kenya and beyond.
Integrating electric vehicle (EV) charging points along the route will significantly enhance the road’s value proposition. These charging points attract a broader range of EV users, encouraging a more sustainable transport ecosystem.
Moreover, the reduction in emissions provided by electric mobility aligns with Usahihi’s potential to serve as a model for sustainability. As urban centers along the expressway expand, the need for more sustainable transportation solutions will rise, positioning e-mobility as a cornerstone of the region’s future.
By adopting e-mobility and supporting scalable infrastructure such as the implementation of e-mobility solutions, including the integration of EV infrastructure, the creation of dedicated lanes for electric vehicles, and partnerships with EV manufacturers, Usahihi commits to environmental sustainability.
Incorporating electric mobility solutions into the Usahihi Expressway will drive down transportation costs for businesses and consumers alike, reinforcing the road’s role as a catalyst for economic development. The expressway, with its forward-looking approach, will set a new standard for infrastructure projects across Africa by embracing the potential of e-mobility.
Ultimately, by incorporating e-mobility into its framework, Usahihi is poised to lead the way in transforming the region’s transportation landscape, making it more sustainable, more efficient, and more accessible for all.