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Category: Energy

Zambia Urges European Investment in Mining and Energy Sectors 1 Mining in Zambia Economy Energy 

Zambia Urges European Investment in Mining and Energy Sectors

Constance
Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has called on European nations to invest in Zambia’s mining and energy sectors, emphasizing the country’s growing openness to new international partnerships. His remarks followed his participation in the 10th Annual Delphi Economic Forum held in Greece. Speaking from Addis Ababa, Dr. Musokotwane highlighted Greece as an untapped partner in Zambia’s development agenda. “The Delphi Forum offered a strategic platform to promote investment and strengthen partnerships,” he said. “We are focused on attracting investments that create jobs, generate wealth, and… Read More Here
Zambia Cuts Solar Project Approval Time to 48 Hours to Boost Clean Energy Investment 2 Mining in Zambia Energy 

Zambia Cuts Solar Project Approval Time to 48 Hours to Boost Clean Energy Investment

Constance
Zambia’s Ministry of Energy has announced a dramatic reduction in the approval time for solar project applications—from six months to just 48 hours—as part of efforts to attract private sector investment and accelerate renewable energy development. The fast-tracked process aims to support the government’s goal of adding 1,000 MW of solar power to the national grid by 2025. With hydropower currently dominating Zambia’s energy mix and severe droughts in 2024 significantly reducing output, the government is pushing to diversify the country’s energy sources, enhance grid resilience, and improve access to… Read More Here
Kamoa Copper Signs Landmark Deal for Africa’s First Solar Baseload Plant 3 Mining in DRC Copper Energy 

Kamoa Copper Signs Landmark Deal for Africa’s First Solar Baseload Plant

Constance
Kamoa Copper S.A. has signed a landmark power purchase agreement (PPA) with CrossBoundary Energy to supply baseload renewable energy to the Kamoa-Kakula Copper Complex near Kolwezi, in the Democratic Republic of the Congo (DRC). This marks a significant milestone in the region’s shift toward sustainable mining operations. Kamoa Copper is a joint venture between Ivanhoe Mines, Zijin Mining Group, and the DRC government, which holds a 20% ownership stake. The Kamoa-Kakula complex is the largest copper mine in Africa, with an annual production capacity of approximately 600,000 tonnes. The on-site… Read More Here
Zambia’s CEC to Invest $500 Million in Power Transmission and Solar Expansion 4 Mining in Zambia Energy 

Zambia’s CEC to Invest $500 Million in Power Transmission and Solar Expansion

Constance
Zambia’s Copperbelt Energy Corporation (CEC) plans to invest $500 million over the next two years to expand its power transmission infrastructure. The investment will focus on increasing solar power output and doubling the capacity of its crucial transmission line to the Democratic Republic of Congo (DRC). CEC, which operates the only transmission link between the DRC and the Southern African Power Pool (SAPP), intends to raise power transfer capacity from 250 MW to 550 MW. This expansion aims to enhance regional energy security and meet the growing industrial demand in… Read More Here
Zambia and Mozambique Forge Key Energy Partnership with New MoUs 5 Mining in Zambia Energy Events & Expos Partnership 

Zambia and Mozambique Forge Key Energy Partnership with New MoUs

Constance
Zambia and Mozambique have taken a significant step toward strengthening regional energy cooperation with the signing of two Memoranda of Understanding (MoUs) aimed at enhancing power trade and improving infrastructure development between the two nations. The agreements, formalized during the 2025 Zambia International Mining and Energy Conference (ZIMEC), include an Inter-Governmental Memorandum of Understanding (IGMoU) for the development of the Mozambique-Zambia Power Interconnector. This major initiative is set to improve power trade, telecommunications, and power generation in the region. The Mozambique-Zambia Power Interconnector, valued at approximately USD 500 million, will… Read More Here
DRC Signs €150 Million Energy Deal with Germany’s Gauff Engineering 6 Mining in DRC Energy 

DRC Signs €150 Million Energy Deal with Germany’s Gauff Engineering

Constance
On March 17, 2025, in Berlin, the Democratic Republic of Congo (DRC) signed a €150 million (approximately $165.5 million) contract with Germany’s Gauff Engineering to construct 230 photovoltaic and mini-hydropower plants over the next four years. The agreement, announced by the Congolese Agency for Rural and Peri-Urban Electrification (ANSER), marks a significant step in expanding the country’s energy infrastructure. While details on the financing agreement remain undisclosed, part of the funding is expected to come from Germany. The initiative aligns with a broader rural and peri-urban electrification program formalized during… Read More Here
Zambia's President Urges Energy Reforms for Africa’s Growth at Mission 300 Summit 7 Mining in Zambia Energy Events & Expos 

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

Constance
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
SADC Reinforces Commitment to Energy Access at Mission 300 Africa Summit 8 Events & Expos Energy 

SADC Reinforces Commitment to Energy Access at Mission 300 Africa Summit

Constance
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
President Hichilema Focuses on Solar Energy and Electricity Solutions at Africa Energy Summit 9 Mining in Zambia Electricity Energy Events & Expos 

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

Constance
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
China’s Grid Investments Surge to Support Record Renewable Energy Growth 10 International Energy 

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

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

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