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Labrish
Nyuuz
Chiwenga vows to open Zimbabwe's power sector
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[QUOTE="Queen, post: 87266, member: 27"] Power-sector rules are getting ripped open as Zimbabwe bets private money and regional teamwork can drag electricity access to everyone by 2030. Energy market liberalization push [LIST] [*]Vice President Dr. Constantino Chiwenga announced deeper sector liberalization in Victoria Falls. [*]Chiwenga represented President Emmerson Mnangagwa at the SADC Sustainable Energy Week. [*]The government plans to open generation to Independent Power Producers. [*]Direct power purchase agreements and private grid participation are being enabled. [/LIST] Universal access and rural gap [LIST] [*]Vice President Dr. Constantino Chiwenga tied reforms to universal access by 2030. [*]Current electricity access sits near 62 percent nationwide. [*]Rural communities have just above 20 percent coverage. [*]Rural electrification will prioritize schools and clinics for full coverage. [/LIST] Investment and resource strategy [LIST] [*]Vice President Dr Constantino Chiwenga said reforms aim to pull in private capital. [*]Zimbabwe’s coal, hydro sites, solar, and wind are central to the pitch. [*]Domestic financial institutions are being courted for structured funding. [*]National Development Strategy 2 and the Energy Compact anchor the policy shift. [/LIST] Regional industrial ambition [LIST] [*]Vice President Dr Constantino Chiwenga urged SADC to move beyond raw-material exports. [*]He questioned whether Africa remains an extraction zone or builds value chains. [*]Africa holds nearly 60 percent of the top renewable resources. [*]Yet the continent still struggles with persistent power shortages. [/LIST] Cross-border projects and financing [LIST] [*]Vice President Dr. Constantino Chiwenga backed regional projects like Batoka Gorge and Inga Dam. [*]Stronger interconnections are viewed as key to supply stability. [*]Southern Africa faces an estimated US$83 billion annual infrastructure funding gap. [*]Chiwenga pressed financiers and policymakers to align rules and scale capital. [/LIST] [/QUOTE]
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Labrish
Nyuuz
Chiwenga vows to open Zimbabwe's power sector
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