Under Construction
Country Sector Sovereign / Non-Sovereign Title Commitment in UA Status Signature Date
Multinational Power Sovereign Multinational - Nigeria-Niger-Benin-Burkina Faso Power Interconnection Project 36,500,000 Implementation
Djibouti Power Sovereign Djibouti – Geothermal Exploration Project in the Lake Assal Region 10,740,000 Implementation
Multinational Power Sovereign Multinational - Projet d’interconnexion électrique Cameroun- Tchad (composante Tchad) 27,500,000 Implementation
Madagascar Power Sovereign Madagascar - Etude de faisabilité du projet de renforcement et d'interconnexion des réseaux de transport d'énergie électrique 1,000,000 Implementation
Multinational Power Sovereign Multinational - 225KV Guinea-Mali Electricity Interconnection Project 30,000,000 Implementation
Multinational Power Sovereign Multinational - 225KV Guinea-Mali Electricity Interconnection Project 30,000,000 Implementation
Mali Power Sovereign Mali - Mini Hydropower Plants and Related Distribution Networks Development Project (PDM-Hydro) 20,000,000 Implementation

NEWS

Zambia: US$2bn Kafue Gorge Lower Hydropower station nears completion

CategoryPress Releases
CountryZambia
TagsEnergy Access, Finance and Investment

Construction of the US $2bn Kafue Gorge Lower Hydro-power Station in southern Zambia is soon to be complete. This is according to the Minister of Energy Mathew Nkhuwa.

The billion dollar project started in 2015. It is is funded by the Zambian government and foreign financial institutions such as the Exim Bank of China, and is being constructed by China’s Sinohydro Corporation.

Kafue Gorge Lower Hydro-power Station

The Energy Minister expressed satisfaction with the quality of the work being done by the contractors. He said that 51% of the work is complete and Chinese contractors’ delivery time is competitive.

Mr. Nkhuwa also expressed satisfaction with the state-of-the-art technology applied to the construction, adding that the completion of the power plant will go a long way in helping the country become an electricity hub in the southern African region.

Upon completion set to take place in 2020, it is estimated that the Kafue Gorge Lower Hydro-power Station will produce 750MW and is expected to increase Zambia’s power supply by 38%, which is sufficient to meet the country’s electricity demand for the next 5 to 10 years.

Apart from increasing electricity output for the country, the project also has many other benefits, including creating employment, setting up infrastructure, and a powerhouse and dump site for Chikankata road project.

Zambia, like many other African countries, has been facing severe power shortage, where only 25% of its urban population and 3% of its rural population have access to electricity. Even though endowed with abundant water resources, poor infrastructure has hindered the landlocked country from turning its natural advantage into stable energy source.

Photo credit: ZambiaInvest