OLD Mutual Zimbabwe has launched the Old Mutual Renewable Energy Fund, a private equity fund dedicated to fostering renewable energy investments in the country.
The fund is registered with the Securities and Exchange Commission with Old Mutual, the Government of Zimbabwe, and various UN agencies as its key initial investors. The Old Mutual Renewable Energy Fund is designed to finance and develop local renewable energy projects, initiatives, and technologies, aligning with Zimbabwe’s goals to meet its Sustainable Development Goals.