ZOLA Electric Is Improving Energy Access Through New Product Innovations

The Covid-19 pan­dem­ic is caus­ing sig­nif­i­cant dis­rup­tions around the world. The IMF’s World Eco­nom­ic Out­look projects that glob­al growth will con­tract by 4.4% in 2020 but rebound by 5.2% next year. In sub-Saha­ran Africa, the con­tin­u­ing spread of Covid-19 is expect­ed to result in the region­al econ­o­my con­tract­ing by 3% in 2020, with growth pick­ing up slow­er than the glob­al aver­age at 3.1% in 2021. Despite the pro­ject­ed uptick in growth next year, the Inter­na­tion­al Ener­gy Agency (IEA) is pro­ject­ing that past progress on ener­gy access could be reversed due to the Covid-19 pan­dem­ic in the region.

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