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

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Photo by Andrey Metelev @ Unsplash | Electricity
Photo by Andrey Metelev @ Unsplash

Kennedy Mupeseni

Kennedy Mupeseni is a Zambian based journalist covering business, finance, energy and mining.
  • 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.

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