Prolonged drought has profoundly impacted hydroelectric power-dependent Zambia. The government is enacting reforms to mitigate the crisis, most significantly increasing tariffs in October on an emergency basis – a move which could pave the way for permanent cost-reflective tariffs.
Developers are also advancing a solar PV pipeline that would see installed capacity increase tenfold by 2028. This informs an optimism from some players, such as private utility CEC, over the power sector’s longer-term prospects, writes Chiwoyu Sinyangwe in Lusaka.
Issue 517 - 28 November 2024
Commercial & industrial, Renewable energy, Transmission & distribution, Strategy & risk, Finance & investment
The widespread perception that Donald Trump’s incoming United States administration will create new winners and losers does not exclude Africa’s energy industries and the wider continental economy and society. But true to the president-elect’s ‘transactional’ approach, US policy in the next four years will mainly be geared to creating winners at home – and those governments and corporates who plan with America First in mind could survive the expected Trump rollercoaster better than others.
Issue 516 - 19 November 2024
Renewable energy, Resources, Gas, Strategy & risk, Finance & investment, Politics & security
Our first white paper is on Extending political risk mitigation for African project finance.
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