Zambia’s national electricity utility company, ZESCO, and Anzana Electric Group, a leading power company in Africa, have signed a partnership deal committing themselves to extending electricity to nearly 2 million Zambians along the Lobito Corridor by 2030.
The $300 million investment deal will enable the rehabilitation and expansion of the national electricity network to provide first-time grid connections for Zambians, aligning with the Government’s goal of universal access to electricity for all Zambians.
The partnership follows a Memorandum of Understanding between Anzana and Zambia’s Ministry of Energy signed in February 2025. The agreement will significantly enable investment in electrifying households, businesses, and industries, as well as new distributed generation to support supply reliability.
“This is about more than infrastructure; it’s about regional integration, jobs, and powering a better future for Zambians along the Lobito economic corridor,” said ZESCO Managing Director Eng. Justin Loongo. “We’re excited to partner with Anzana, who is employing an innovative and inclusive approach to attract capital and rapidly increase electrification rates in rural Zambia.”
“The strategic Lobito economic corridor approach is a model for future regional trade and development,” said Brian Kelly, CEO of Anzana. “We’re honored to partner with ZESCO and the Government of Zambia to be the Lobito electrification partner and connect millions of Zambians to opportunities enabled by reliable electricity.”
The collaboration between ZESCO and Anzana will support new electricity generation, including run-of-river hydropower, and electricity distribution primarily in rural areas. This effort is critical to unlocking the full potential of the Lobito Corridor for the Zambian economy.
The Angola-Zambia-DRC corridor is being developed as a major economic artery for Southern and Central Africa, enhancing trade flows between these mineral-rich regions and global export markets.
The agreement envisions Anzana leading the development of a pilot project in Zambia’s North-Western Province to accelerate the first connections in 2026. Anzana and other development partners will jointly invest $50 million to enable approximately 40,000 new household and business connections and add up to 8 megawatts of new generation over two years before expanding the scope to encompass the entire Lobito Corridor region.
Source: https://energynewsafrica.com
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