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ZimZam news
Solar
Copperbelt Energy financed 136MW at Itimpi on its own bond, without a state guarantee
Itimpi II went into service at Kitwe in May at a cost of $125.8 million, funded entirely from Copperbelt Energy Corporation's $200 million green bond. It is the largest operational solar plant in Zambia, and it was built without a sovereign guarantee standing behind the paper.
Mining & Minerals
Konkola Deep drives toward 300,000 tonnes on CopperTech’s $1.5bn commitment
CopperTech Metals has announced $1.5 billion for the Konkola expansion, on top of Vedanta's $1 billion commitment, as KCM works toward 300,000 tonnes by 2031.
News
Maamba’s second phase would give one company a fifth of Zambia’s generation
Two 150MW units have been under construction at Sinazongwe since August 2024, financed largely by Zambian pension money and contracted to ZESCO in full. Once running, Maamba Energy would supply around 18% of national generating capacity, with a 100MW solar plant alongside taking the site to 700MW.
Mining & Minerals
Zambia’s copper concentrate export duty returns on 30 September after a year suspended
A 10% duty on copper concentrate exports was suspended in August 2025 and the waiver has been extended to the end of this month. It currently covers 271,742 tonnes across six producers, with Mopani holding the largest quota at 100,000 tonnes. The duty is intended to favour domestic processing.
Regional
Zimbabwe distribution licences open to private operators on 25-year terms
Statutory Instrument 128 of 2026 sets the terms on which a company other than ZETDC may sell electricity in Zimbabwe. Licences run twenty-five years, are awarded by competitive bidding, and cap tariffs at the state utility's approved rates. No private operator has yet been named as an applicant.
Hydrogen
African Development Bank approves $20 million for green hydrogen hubs
The African Development Bank Group has allocated $20 million in reimbursable grants to advance utility-scale green hydrogen projects. The financing facility deployed through the Sustainable Energy Fund for Africa targets early-stage infrastructure engineering across four national corridors.
News
Senegal markets 109 oil and gas blocks to trigger 30% domestic power tariff cut
Energy Minister El Hadji Abdourahmane Diouf has opened a competitive upstream bidding round covering 109 blocks to force domestic gas-to-power allocations. The strategy marks an abrupt regulatory turn from offshore export terminal infrastructure toward local industrial consumption mandates.
Finance
TotalEnergies secures 1.8 billion dollars for African midstream infrastructure
TotalEnergies has agreed a 1.8-billion-dollar infrastructure deal with Global Infrastructure Partners, selling equity stakes in its African pipeline and export network. The transaction secures institutional capital from the BlackRock subsidiary while maintaining operational control through a fifteen-year throughput tariff framework.
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