FMO, the Dutch development bank and Symbiotics, an investment firm focused on emerging, sustainable and inclusive finance, has provided a $32.5 million facility to back ZOLA Electric‘s Tanzania operations for the next five years. The capital infusion will be used for growth.

FMO was the lead arranger on the financing package.

For more information, please see https://www.pehub.com/2018/12/fmo-and-symbiotics-provide-32-5-mln-to-support-zolas-tanzania-operations/