This comes as the Development Bank of Southern Africa after firmed up a R100-million equity investment into the company, which is also known simply as Charge.
"This follows the DBSA's initial approval of the investment on 29 April, which was subject to final agreements and the satisfaction of conditions precedent," Charge said in a statement on Wednesday. "In recent months, the DBSA concluded its due diligence to ensure that the project is fully prepared and ready for immediate implementation."
Zero Carbon Charge built its first off-grid charge station and proof of concept near Wolmaransstad in North West last year.