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moves money Innovation Village | Technology, Product Reviews, Business June 26, 2026

Zimi secures $3.1 million investment led by the Development Bank of Southern Africa

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South African e-mobility pioneer Zimi, an innovative technology provider building a comprehensive electric vehicle (EV) ecosystem tailored for commercial fleets, has officially closed an R50 million ($3.1 million USD) capital injection. The funding round was anchored and led by the Development Bank of Southern Africa (DBSA), marking a significant institutional milestone for the country’s transition toward clean logistics. The capital will be used to scale Zimi’s asset and charging infrastructure

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