Zambia Secures $1.5 Billion China Deal to Add 900 MW Power Capacity and Strengthen Energy Security
Zambia has secured a $1.5 billion investment from China Machinery Engineering Corporation (CMEC) to expand its electricity generation capacity by 900 megawatts (MW), in a major step toward strengthening national energy security and supporting long-term infrastructure development. The agreement, signed with the Zambia Development Agency, supports the country’s broader target of reaching 10,000 MW of installed power capacity by 2031. It comes as Zambia continues to face electricity shortages driven largely by prolonged droughts, which
