Zimbabwe is asking US businesses to help fix its power problems. Government leaders pitched investment opportunities at World Bank meetings in Washington, D.C.
Energy Minister July Moyo explained that Zimbabwe needs new infrastructure because old systems fail during climate events. Finance Minister Mthuli Ncube promised that US companies can send profits home without problems. The government will let companies access foreign money for business deals.
Zimbabwe plans to sign an Energy Compact with President Mnangagwa in London next June. This agreement will show how private companies can enter the energy market and protect their investments for years to come.
Zimbabwe wants smart meters in areas like Caledonia, where people lack electricity. Private developers can become energy sellers there to help more homes connect faster. The country aims to become important in African energy markets through these partnerships.
Many urban homes still need power connections despite the growing demand. Zimbabwe offers real chances for American investors to earn money through energy projects. These deals could boost the national economy for everyone.
Energy Minister July Moyo explained that Zimbabwe needs new infrastructure because old systems fail during climate events. Finance Minister Mthuli Ncube promised that US companies can send profits home without problems. The government will let companies access foreign money for business deals.
Zimbabwe plans to sign an Energy Compact with President Mnangagwa in London next June. This agreement will show how private companies can enter the energy market and protect their investments for years to come.
Zimbabwe wants smart meters in areas like Caledonia, where people lack electricity. Private developers can become energy sellers there to help more homes connect faster. The country aims to become important in African energy markets through these partnerships.
Many urban homes still need power connections despite the growing demand. Zimbabwe offers real chances for American investors to earn money through energy projects. These deals could boost the national economy for everyone.
