Financial Insights Zambia

ACCRA, Ghana, Oct. 9, 2025, ENN: Ghana’s Ministry of Energy and Green Transition has been confirmed as patron of the West Africa Energy Cooperation Summit (WAECS), to be held in Accra from 2–3 December 2025. The Summit brings together regional government leaders, investors, and industry partners to showcase investment opportunities and regional energy integration developments […]

PARIS, October 9, 2025, ENN: Nearly 730 million people worldwide still lacked access to electricity in 2024, according to new data from the International Energy Agency (IEA), underscoring a slowdown in global electrification efforts since the pandemic. The figure represents a decline of only 11 million from 2023, well below the annual progress achieved before […]

WASHINGTON, October 9, 2025, ENN: African nations should position themselves as key partners for the United States in securing supplies of critical minerals essential to modern industries, according to a new report from the Washington DC-based Brookings Institution. The report, Leveraging US–Africa Critical Mineral Opportunities: Strategies for Success, argues that Africa’s mineral wealth and improving […]

Harare, Oct. 8, 2025, ENN: Stephen Dihwa, executive director of the Southern African Power Pool Coordination Centre in Harare, oversees regional planning, operations, environmental management, and power trading across 12 SADC member states. With over 30 years in the sector, he has held senior roles at ZESA, EdM, and NamPower, and advised the African Development […]

Johannesburg, Oct. 8, 2025, ENN: Scaling up AI over the next decade will require up to $2 trillion in new revenue and could consume an additional 200 gigawatts of electricity by 2030, roughly the output of 200 large power plants, according to Bain & Company’s 6th Annual Global Technology Report. The consultancy warns that while […]

LONDON, Oct. 8, 2025, ENN: Renewable energy became the world’s largest source of electricity in the first half of this year, surpassing coal for the first time, according to new data from London-based energy think tank, Ember. The report highlighted how African countries are rapidly increasing solar panel imports as part of efforts to expand […]

Two African startups have earned global recognition for pioneering clean energy solutions that empower farmers and reduce food waste. Zambia’s Netagrow and Uganda’s ClimaVault Africa received the Rising Star awards from the International Renewable Energy Agency (IRENA). Netagrow uses AI-powered agricultural tools to help more than 10,000 smallholder farmers in Zambia boost crop yields by up […]

The European Commission is investing €545m ($640m) in projects across Africa, seeking to fast-track Africa’s clean energy transition, aiming to power millions and create green jobs. The initiative, unveiled by European Commission President Ursula von der Leyen, is part of the ‘Scaling Up Renewables in Africa’ campaign and will mobilize public and private investment to […]