Chad: FMO backs ZIZ Energie

Issue 428 - 03 Dec 2020

Dutch development bank FMO has agreed a €500,000 ($598,000) convertible loan with power company ZIZ Energie to fund its operations in Chad. FMO joins investment company Energy Access Ventures (EAV) in backing ZIZ in a €2m funding round. EAV announced it was investing in the company earlier this year.

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