Zimbabwe: Persistent Energy invests in off-grid solar


Issue 375 - 31 Aug 2018 | 1 minute read

US-based investment firm Persistent Energy Capital has injected $1m into Zonful Energy, one of Zimbabwe’s fastest-growing off-grid energy companies. The partnership will give Zonful access to Persistent’s technical and advisory support in finance, financial management and information technology (IT). Persistent’s partner company Catalyst is already working with Zonful to build IT infrastructure to support the company’s ambitious growth plans. The has enabled Zonful to unlock a matching grant of $1m from the Africa Enterprise Challenge Fund (AECF).

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