“Tap into Zambia’s green energy potential”
By Blessings Chibuye
Finance and National Planning Minister SITUMBEKO MUSOKOTWANE has urged investors to tap into Zambia’s green energy potential to help address the country’s power supply emergency.
Dr. MUSOKOTWANE says this will ensure long-term power sustainability strategies are implemented through Public-Private Partnerships.
He has encouraged investors to collaborate with local businesses in mobilizing resources for green energy projects, mining exploration, and agriculture value-chain ventures that support out-grower schemes through farm blocks.
The Minister was speaking during the International Monetary Fund and World Bank Group Annual Meetings held in the United States.
Meanwhile, World Bank President AJAY BANGA said the Bank aims to significantly reduce the time required for project assessment and approvals.
And World Bank Vice President for Infrastructure GUANGZHE CHEN says Zambia’s Energy Transition Mineral Roadmap will boost investment in the mineral sector through Public-Private Partnerships.
He confirmed the World Bank’s readiness to support the enhancement of exploration, mining, and the mineral value chain manufacturing processes.
This is according to a statement released to ZNBC News by the Office of the Secretary to the Treasury.
