The Zambia Environmental Management Agency (ZEMA) has approved 116 projects with a total investment value of approximately $1.91 billion during its ninth sitting in September 2024. Out of 121 projects reviewed, this approval marks a significant step forward for Zambia’s development across multiple sectors.
The mining and mineral processing sector led with 46 approved projects, reflecting Zambia’s continued emphasis on resource extraction and processing. The manufacturing and processing sector followed closely with 29 approved projects, while the energy sector secured 24 approvals, highlighting its importance in the country’s development.
Other sectors, such as infrastructure development, agriculture, and forestry, also saw notable progress, with 9 and 7 projects approved, respectively. In contrast, the tourism sector lagged behind, with only one project approved.
The energy sector attracted the largest share of investment, totaling $1.76 billion, underlining the urgent need for energy expansion, particularly after the recent drought declaration as a national disaster. These energy projects are expected to add 675 megawatts (MW) to Zambia’s grid, including 300 MW from thermal power plants, 355 MW from hydroelectric sources, and 20 MW from solar energy. These additions are set to help secure a more sustainable energy future for the country.
In the manufacturing and processing sector, approved projects represent a combined investment of $66.8 million, while the mining and mineral processing sector saw investments of $45.5 million.
These approvals are expected to stimulate economic growth, create jobs, and promote diversification across Zambia’s industries. ZEMA has also stressed the importance of fast-tracking energy and water harvesting projects, given Zambia’s ongoing challenges with drought and energy shortages.
Acting Director General Mrs. Karen Banda-Etondo reiterated ZEMA’s commitment to prioritizing projects that address the nation’s critical needs.
