Category: Energy

Zambia Expands Power Generation with $1.5 Billion Chinese Investment to Boost Energy Security and Regional Supply Zambia has secured a $1.5 billion investment from China Machinery Engineering Corporation (CMEC) to expand its electricity generation capacity by 900 megawatts (MW), in a major step toward strengthening national energy security and supporting long-term infrastructure development. The agreement, signed with the Zambia Development Agency, supports the country’s broader target of reaching 10,000 MW of installed power capacity by 2031. It comes as Zambia continues to face electricity shortages driven largely by prolonged droughts,… Read More Here

President Hichilema Says Energy Reforms Attract Investors as Zambia Targets 10GW Power Capacity and Economic Expansion President Hakainde Hichilema has called for increased investment in the energy sector, stating that ongoing reforms are attracting private sector participation and positioning Zambia for accelerated economic growth. Speaking during the 2026 National Delivery Day, the President described the event as a significant milestone, noting that interventions under the Presidential Delivery Unit (PDU) and the Presidential Projects Facilitation Division (PPFD) have helped remove key bottlenecks and improve public service delivery. Mr Hichilema said Zambia’s… Read More Here

Zambia Targets Foreign Investors with 10-Year Tax Incentive to Boost Mining, Energy, and Copper Production to 3 Million Tonnes by 2031 Zambia is stepping up efforts to attract foreign investment by offering a 10-year tax holiday to companies establishing operations in the country’s multi-facility economic zones, a move aimed at accelerating industrial growth and job creation. Speaking at the Finland Business Forum in Lusaka, Albert Halwampa outlined the country’s priority investment sectors, highlighting mining and energy as critical pillars of Zambia’s economic transformation strategy. He emphasized that attracting capital into… Read More Here