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November 5, 2024
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Zambia Keen To Develop Energy Sector, HH Assures Investors

President Hakainde Hichilema has affirmed the government’s dedication to bolstering the nation’s power generation capacity to fulfill the rising demand from the mining and agriculture sectors. Highlighting Zambia’s existing power shortfall, Mr. Hichilema commends the ongoing efforts of stakeholders to invest in solar energy, viewing it as a positive trajectory.

During a courtesy visit by 7YRDS, a German company venturing into solar energy investments in Kafue and Sesheke of Western Province, President Hichilema lauds their decision to invest in Zambia’s solar energy sector, foreseeing accelerated economic growth, particularly in mining and agriculture.

German Ambassador to Zambia, Anne Wagner-Mitchell, expresses Germany’s interest in investing in Zambia’s solar energy sector to support its energy needs, especially in mining and agriculture. She reveals that 7YRDS has secured land for feasibility studies in Kafue and Sesheke districts and plans to establish 100 megawatts for these projects.

Philip Jasen, the Founder and Managing Director of 7YRDS, commends President Hichilema for his proactive efforts in promoting the country internationally.

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