Mulago Foundation | Zola Electric

Zola Electric

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Our total investment:

$300K equity

Funded since 2012

Why we invest

Zola sells solar electricity – not equipment – to households in Africa. They install their own hardware and software in a customer's home and then charge their customer for energy use via a mobile payment system. This is the first credible energy company we've seen targeting very poor people with a high quality, household lighting product they can afford.

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