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Off-Grid Solar Solutions Provider Zola Electric Secures $20 Million Debt Financing

The funding will help bring reliable solar power to an additional 25,000 customers in four African countries

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ZOLA Electric, formerly known as Off Grid Electric, an African renewable energy company, has secured $20 million in debt financing from solar-business lender SunFunder. The funding will be utilized to aid its expansion across the African continent.

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