TotalEnergies

TotalEnergies, formerly known as Total, is a multinational energy company headquartered in France. With operations in over 130 countries and a workforce of approximately 93,000 employees, the company is involved in every aspect of the energy industry. TotalEnergies explores for, produces, and markets oil and biofuels, natural gas and green gases, renewables, and electricity. It also has a significant presence in chemicals. The company is committed to diversifying its energy sources to meet growing demand and is actively investing in renewable energy projects, such as solar and biofuels. TotalEnergies Ventures, the company's venture capital arm, focuses on funding and fostering start-ups that contribute to a low carbon future, with interests including renewables, energy storage, and the circular economy.

Edouard Bulteau

Principal

Cindi Choi

Managing Director

Girish Nadkarni

President

Florian Temime

VC Principal - Impact and Climate

Ademidun Edosomwan

Managing Director, Emerging Markets

Past deals in Tanzania

East African Crude Oil Pipeline

Acquisition in 2022
EACOP is a pipeline that will deliver oil from Uganda's Lake Albert oilfields to the Tanzanian port of Tanga, where it will be sold to global markets.

Zola Electric

Venture Round in 2021
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.

Zola Electric

Series D in 2018
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.

Zola Electric

Venture Round in 2016
ZOLA Electric is a provider of off-grid solar solutions tailored for African markets, specifically operating in Tanzania, Rwanda, Ghana, and Côte d'Ivoire. Established in 2012 and headquartered in Arusha, Tanzania, with an additional office in San Francisco, the company offers solar home kits to individual households through a leasing or sales model. Utilizing the latest solar, battery, and power electronics technology, ZOLA Electric's systems are designed to meet varying energy needs and income levels, allowing customers to make payments via PAYGo micro-financing and mobile money. The company's innovative approach has enabled it to power over 180,000 homes and businesses in rural and urban areas. ZOLA Electric, previously known as Off-Grid Electric Tanzania Limited until its name change in 2018, has received multiple awards, including the UN Momentum for Change Award and the Zayed Future Energy Prize, and has garnered investment from prominent firms such as Tesla and Total.
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