Zambia’s power utility company, ZESCO Limited, has signed an inter- utility Memorandum of Understanding with Electricidade De Mozambique (EDM) of Mozambique for the Mozambique-Zambia Interconnector (MOZA).
The MoU was signed at the 2025 Zambia International Mining and Energy Conference (ZIMEC).
This strategic electricity project is designed to significantly increase transmission capacity within the Southern Africa Power Pool (SAPP).
According to ZESCO, the project would enhance regional energy security through cross-border electricity trading to support economic growth in both countries.
ZESCO would also use the Mining and Energy Conference to share insights on ‘Powering a New Green African Future: Investing in Zambia’s Renewable Electricity Generation to Meet Growing Domestic and Regional Demand.
“We will highlight our rapid trajectory to diversify our electricity mix, with a targeted addition of 1000 Megawatts of solar electricity by the end of 2025,” ZESCO said.
The Mozambique-Zambia Power Interconnector is expected to cost approximately USD 500 million, with financing to be sourced from international financial institutions and development partners.
Source:https://energynewsafrica.com
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