Search

World Bank approves $200 million to help Zambia tackle energy crisis

Photo by Andrey Metelev @ Unsplash | Electricity
Photo by Andrey Metelev @ Unsplash
  • New World Bank funding aims to provide reliable energy to over 1 million Zambians and ease industrial power shortages
  • The ASCENT Zambia project is part of a broader regional initiative to connect 300 million Africans to electricity

 

LUSAKA, ZAMBIA – The World Bank has approved a $200 million grant under its International Development Association (IDA) for Zambia to help address the country’s ongoing energy crisis and expand access to clean and sustainable electricity.

Recent Business

Frehiwot Tamru, CEO of Ethio telecom, and Gaetano Fasciana, Chief Technology Officer of Ascot Energy, during a strategic meeting in Addis Ababa. Photo @ Ethio Telecom.
Ethiopia turns to hybrid energy to power telecom expansion amid digital surge
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A Nigerian teenager with his phone. Photo by Muhammad-Taha Ibrahim @ Unsplash
US fintech Wave expands into Guinea to disrupt West Africa pricing
Read More »

Recent Politics

Kenya youth protest. Photo by Hassan Kibwana @ Unsplash
Will Kenya's new Gen Z uprising turn voter registration into a global youth political wave?
Read More »
Nigeria young voters protest for reforms. Photo by Ayoola Salako @ Unsplash
Nigeria’s oil paradox in the Iran war: windfall gains, inflation pain
Read More »
A soldier in the war front. Photo by Stijn Swinnen @ Unsplash
Kenya halts recruitment into Russia’s war. Who gains and who loses?
Read More »

Latest Posts

Latest news insights