FMO and Symbiotics provide $32.5 mln to support ZOLA's Tanzania operations

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.

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