Zola Electric closes $90M funding round to scale technology and enter new markets
Millions of people in sub-Saharan Africa and emerging markets continue to live without access to electricity. Some reports peg these numbers between 500 million and 2 billion people despite the prevalence of renewable energy providers in these regions.
Zola Electric, one such provider, is announcing today that it has closed $90 million in new funding to enter new markets and drive distributed renewable energy.
When Zola Electric was launched in 2011 by Erica Mackey, Xavier Helgesen and Joshua Pierce, the company provided solar home solutions to off-grid rural communities in Tanzania. Continue reading
Image: ZOLA
The new CAMON 18 Premier brings together the best of the CAMON series, such as…
South Africa’s communications minister said today that this week’s massive social media outage of Facebook…
At the first Google for Africa event held today, October 6, 2021, global Internet giant,…
On Thursday, July 22, 2021, the Central Bank of Nigeria (CBN) revealed that the pilot…
FNB South Africa, one of the country’s top lenders, has announced today the launch of…
Google plans to invest up to $50 million in African early and growth-stage startups via…