Off-Grid Solar Solutions Provider ZOLA Gets $32.5 Million to Expand Footprint in Tanzania

The investment is expected to create around 2,100 new jobs

December 12, 2018

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ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $32.5 million in funding from FMO, the Dutch entrepreneurial development bank; and Symbiotics, a leading investment firm specialized in emerging, sustainable and inclusive finance.

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Saumy Prateek

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Off-Grid Solar Solutions Provider ZOLA Gets $32.5 Million to Expand Footprint in Tanzania

Continue Reading with Premium Access

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