Energy - Copperbelt Katanga Mining

Zambia's President Urges Energy Reforms for Africa’s Growth at Mission 300 Summit 1

President Hakainde Hichilema has emphasized the need for Africa to implement energy sector reforms to accelerate economic growth. Speaking at the Mission 300 Africa Energy Summit in Dar es Salaam, Tanzania, President Hichilema highlighted Zambia’s commitment to the Mission 300 agenda, citing key reforms, including the inclusion of independent power producers and tariff adjustments to enhance commercial viability. He stressed that energy is as essential as water, urging African nations to leverage it for faster economic development. President Hichilema also reaffirmed Africa’s readiness to foster a business-friendly environment to support… Read More Here

Events & Expos Energy

SADC Reinforces Commitment to Energy Access at Mission 300 Africa Summit

February 2, 2025February 2, 2025 Constance0 comment

The Southern African Development Community (SADC) actively participated in the Mission 300 Africa Energy Summit (M300 AES) held on January 27-28, 2025, at the Julius Nyerere International Conference Centre in Tanzania. The high-level event was jointly organized by the African Development Bank Group (AfDB), the World Bank Group (WBG), the Government of Tanzania, and the African Union, focusing on accelerating electricity access across the continent. The summit aimed to connect 300 million people to electricity by 2030, aligning with the United Nations Sustainable Development Goal (SDG) 7. Among the 54… Read More Here

Mining in Zambia Electricity Energy Events & Expos

President Hichilema Focuses on Solar Energy and Electricity Solutions at Africa Energy Summit

January 27, 2025January 27, 2025 Constance0 comment

President Hakainde Hichilema has stated that Zambia is on track to addressing its electricity challenges. He emphasized that the government is working diligently to reduce reliance on hydropower by investing in solar energy. While drought poses a challenge, President Hichilema views it as an opportunity to redirect resources into investments like electricity. He made these comments to journalists at the Zambia Air Force Base, Kenneth Kaunda International Airport, before departing for Tanzania to attend the 300 Africa Energy Summit in Dar es Salaam on January 28, 2025. The summit, he… Read More Here

International Energy

China’s Grid Investments Surge to Support Record Renewable Energy Growth

January 17, 2025January 17, 2025 Constance

China, the global leader in renewable energy development, is ramping up its investment in power infrastructure to ensure that its rapidly growing clean energy capacity reaches homes and businesses effectively. In the first 11 months of last year, spending on power transmission infrastructure surged 19% to 529 billion yuan ($72 billion), according to the National Energy Administration. While funding for new power generation capacity reached 866.5 billion yuan, its growth rate was 12%, marking the first time since 2018 that grid investment outpaced generation projects. State Grid Corporation of China,… Read More Here

Mining in Zambia Energy

China to Build Solar Power Plant in Zambia’s Kasempa District

January 8, 2025January 8, 2025 Constance

The Chinese government has announced plans to construct a solar power plant in Kasempa District, North-Western Province, Zambia, this year. The project aims to supply electricity to Chinese-owned mines in the area, reducing the impact of load management challenges on mining operations. Chinese Deputy Ambassador to Zambia, Wang Sheng, emphasized his country’s interest in exploring investment opportunities in North-Western Province, particularly in the mining, energy, and agriculture sectors. Speaking during a meeting with North-Western Province Minister Robert Lihefu, Mr. Sheng highlighted plans to establish not only the solar power plant… Read More Here

Mining in Zambia Electricity Energy

Zambia Urges Sustainable Energy Investments Amid Power Deficit

December 30, 2024December 30, 2024 Constance

The Ministry of Energy has urged investors to focus on sustainable electricity generation to address Zambia’s power shortage, worsened by climate-related low water levels. Speaking in Lusaka, Permanent Secretary Peter Mumba reaffirmed the government’s commitment to supporting energy sector investments. This call to action came during a meeting with the China Civil Engineering Construction Corporation (CCECC), which plans to develop two solar power plants in Nalolo and Lukulu districts of Western Province. These projects aim to add 600 megawatts to the national grid. PS Mumba disclosed that Zambia’s electricity generation… Read More Here

Mining in DRC Electricity Energy Events & Expos

DRC Energy Consultations Set Goal to Achieve 62% Electricity Access by 2030

December 25, 2024December 25, 2024 Constance

The “DRC Energy Compact” program, centered on the Democratic Republic of Congo’s (DRC) energy transition, concluded on Thursday, December 19, 2024, after two days of impactful discussions, innovative ideas, and strategic exchanges. Held under the patronage of President Félix-Antoine Tshisekedi, the event brought together experts, government officials, and institutional actors to address the challenges and opportunities in modernizing the DRC’s energy sector. Discussions focused on financing, international partnerships, and infrastructure development to expand access to sustainable energy across the nation. Supported by the World Bank and the African Development Bank… Read More Here

Mining in Zambia Economy Energy

ZCCM-IH Invests $10 Million in Green Bond to Boost Zambia’s Renewable Energy

December 21, 2024December 21, 2024 Constance

ZCCM Investments Holdings PLC (ZCCM-IH) has announced a $10 million (approximately ZMW 275 million) investment in the second tranche of CEC Renewables Limited’s (CEC-R) Green Bond issuance. This strategic move underscores ZCCM-IH’s commitment to advancing sustainable energy and supporting Zambia’s capital market growth. The second tranche of the bond raised $96.7 million, earmarked for expanding the 60 MW Itimpi-1 solar photovoltaic (PV) plant into the 136 MW Itimpi-2 project. This initiative seeks to address Zambia’s persistent energy crisis by bolstering the country’s renewable energy infrastructure. Dr. Ndoba Vibetti, CEO of… Read More Here

Mining in Zambia Energy

Zambia’s Energy Minister Launches 58-kW Solar Microgrid in Chama District

November 30, 2024November 30, 2024 Constance

Energy Minister Makozo Chikote has inaugurated the 58-kilowatt Manga Solar Microgrid in Chikwa, Chama District. The project, part of the Chikwa Wash Energy initiative led by World Vision, represents an investment exceeding 18.5 million Kwacha. During the commissioning, Minister Chikote highlighted the government’s commitment to expanding electricity access across Zambia. “We have a vision and a plan to ensure the continued expansion of power to serve our nation,” he stated. He also emphasized the need for the Rural Electrification Authority (REA) to collaborate with stakeholders to guarantee the sustainability of… Read More Here

International Energy

Zimbabwe’s Renewable Energy Sector Boosted by $10 Million Investment

November 28, 2024November 28, 2024 Constance

Zimbabwe’s renewable energy ambitions have gained momentum with a $10 million investment from the Facility for Energy Inclusion (FEI), finalized on August 30. The funding supports Cicada Solar Limited, a leading solar solutions provider in the country. The long-term senior debt financing will enable Cicada Solar to expand its operations, addressing Zimbabwe’s persistent energy challenges while fostering economic growth through affordable energy solutions and vendor financing programs. Cicada currently manages four active solar projects, with additional initiatives under development. Jonathan Wood, Managing Director of Cicada Solar, emphasized the importance of… Read More Here