Category: Energy

African Development Bank Funds $14.5 Million Solar Project to Boost Zambia’s Renewable Energy and Cut Power Shortages The African Development Bank Group (AfDB) has approved a $14.54 million financing package to support the Garneton North 20-megawatt solar power project in Zambia’s Copperbelt Province — a key milestone in the country’s shift toward renewable energy and energy security. The financing includes $7.27 million from the Bank’s own resources and an equal amount in concessional funding from a Development Finance Institution. The project underscores the AfDB’s commitment to closing Zambia’s energy deficit… Read More Here

Zambia, Zimbabwe Agree on Increased Kariba Water Allocation and Joint Energy Collaboration Zambia and Zimbabwe have held a high-level joint ministerial meeting on energy in Harare, focusing on water usage at Kariba Dam and broader strategies to address the power challenges facing both nations. The meeting brought together Hon. Makozo Chikote, Zambia’s Minister of Energy, and Hon. July Moyo, Zimbabwe’s Minister of Energy and Power Development, along with senior representatives from ZESCO Limited, the Zimbabwe Power Company (ZPC), and the Zambezi River Authority (ZRA). Agreement on Water Allocation and Energy… Read More Here

Axian Energy Enters Zambia with Acquisition of Bangweulu Solar Project Renewable energy developer Axian Energy has officially entered the Zambian market with the acquisition of the Bangweulu Solar Project, reinforcing its commitment to sustainable energy and pan-African expansion. Located in Lusaka Province, the Bangweulu Solar Project has an installed capacity of 54.3 megawatts peak (MWp) and generates approximately 87 gigawatt-hours (GWh) of electricity annually — enough to power more than 82,500 households. Through this transaction, Axian Energy has secured an 85.6% stake in the project, while the Industrial Development Corporation… Read More Here

Maamba Energy Announces $700MW Expansion Plan to Power Zambia’s Economic Transformation by 2026 Maamba Energy Limited (MEL), one of Zambia’s leading energy producers, has announced an ambitious plan to expand its power generation capacity to 700 megawatts (MW) by 2026. The announcement, made during the Southern Province Investment Forum and Exposition 2025, underscores the company’s commitment to supporting Zambia’s investment-led socio-economic transformation. Speaking at the event, Maamba Energy Chief Executive Officer, Colonel Cyrus Minwalla (Retired), reaffirmed the company’s mission to drive national development through sustainable energy. “Every megawatt we generate… Read More Here

Zambia Boosts Renewable Energy Drive with 16 MW Lifesong Solar Power Plant in Copperbelt Province Zambia’s drive to generate 1,000 megawatts (MW) of solar power by the end of 2025 is gaining momentum, with the Lifesong Northrise 16 MW Solar Power Plant (Phase 1) in Ndola, Copperbelt Province, emerging as a key milestone in the nation’s renewable energy expansion. The privately led project is set to supply much-needed electricity to the national grid, easing Zambia’s energy deficit and supporting industrial and economic growth. On 10 October 2025, ZESCO Limited hosted… Read More Here

New solar project at Maamba in Southern Province signals bold step in diversifying energy mix and reducing load-shedding. MAAMBA, ZAMBIA – Maamba Solar Energy Limited has launched the construction of a 100 megawatt (MW) solar power plant in Maamba, Southern Province, in what the government has described as a “game-changing” step towards ending the power crisis and advancing Zambia’s climate and energy goals. The project was officially launched by the Minister of Energy, Hon. Makozo Chikote, MP, on 22nd September at a groundbreaking ceremony attended by government officials, investors, community… Read More Here

Zambia Announces Major Solar Expansion to Combat Power Shortages and Achieve 1,000 MW Target President Hakainde Hichilema has unveiled ambitious plans to tackle Zambia’s chronic power shortages through a major shift toward renewable energy, announcing that over 740 megawatts (MW) of new solar capacity will come online within the next 12 months. Speaking during the Fifth Session of the Thirteenth National Assembly, President Hichilema acknowledged the impact of electricity outages on both citizens and businesses. “We feel the pain and frustration of power outages faced by our citizens, which include… Read More Here