Curtain Comes Down On The Energy Summit

By Shingirai Vambe

Victoria Falls-The two day high powered summit has finally comes to an end with business and private sector determined than ever, on the generation of electricity between two countries, this summit marks a crucial step towards securing a sustainable energy future for Zambia and Zimbabwe. By working together, to mitigate the impact of droughts and ensure a reliable energy supply for the citizens and industries.

The summit, held in Victoria Falls, was a response to the severe drought that has reduced water available for power generation at the Kariba Dam to 2.4%, compared to 15.5% last year. This has resulted in hours-long power outages, affecting industries like mining and agriculture, and small growing businesses and entrepreneurs.

The quest to close the digital gap and promote digital inclusivity faces a significant hurdle: the lack of reliable electricity. As the world becomes increasingly interconnected, the importance of electricity in facilitating digital access cannot be overstated. Closing the digital divide requires a multifaceted approach, with electricity playing a critical role. Governments, organizations, and individuals must prioritize electricity access to unlock digital opportunities and foster inclusive economic growth.

Giving his closing remarks at the Summit, Zimbabwe Energy Regulatory Authority (ZERA) CEO, Edington Mazambani told delegates that, “having come this far, this summit has aptly created a platform to show that the projects are viable, and also show the confidence investors have in our shared vision for energy development.  It is a moment to celebrate, as it signifies the beginning of tangible action that will bring us closer to our goals of energy access and economic growth.,” said Mazambani.

“As we close this summit, it is essential to recognize that this is not the end but rather the beginning of a new chapter, with the signing of a landmark deal between Grid Africa and Africa GreenCo group, to generate 100MW of electricity for mines in
Zimbabwe, Africa GreenCo signed another agreement with JCM Power to generate 30MW of electricity, Thus, the Summit has already begun to show its fruit,” added Mazambani.

He further highlighted, as curtains go down, it is essential to recognize that this is not the end but rather the beginning of a new chapter to increase energy access, there is need for collaboration and innovation for shared prosperity. We need to build energy resilience in the supply chain, a need for optimal development path for the energy sector, renewable energy should be at the centre of energy transition.

“As the Regulator we need to develop supportive regulatory frameworks, a need to modernize power transmission and distribution networks; with emphasis that transmission needs to be reinforced as it can be a potential bottleneck to access. Blended financing models will help us move forward and there is need to engage DFIs and other multilateral partners,” said Mazambani.

The cooperation also promotes cultural exchange, engaging young people and raising awareness of crucial issues among communities and decision-makers. Art and culture are recognized as essential drivers of social change, contributing to freedom of expression, peacebuilding, and sustainable development.

It has the potential to transform the lives of millions, fostering economic growth, social development, and cultural understanding between Zimbabwe and Zambia.

Zambia’s Energy Minister, Makozo Chikote, and Zimbabwe’s Vice President, Constantino Chiwenga, shook hands, sealing the deal. “This partnership marks a new era of cooperation,” Chikote declared. “Together, we’ll harness our resources, expertise, and innovation to create a brighter future for our people.

“May i urge project developers to take this opportunity while it still available and  invest in the energy sector on both countries. Let’s talk less and do more in terms of implementation,” said Chikote.

He added, the objective of the Summit have been met and that the Summit was successful. ” As we politicians indicated in our remarks yesterday, we would like such a gathering to yield positive results, and walk the talk”.

The first phase of the partnership focuses on electricity generation and transmission. The two countries will develop joint energy projects, leveraging Zambia’s hydroelectric power and Zimbabwe’s thermal energy. This synergy will provide reliable, affordable electricity to millions, powering homes, industries, and economies and most above all the rural communities.

Women and youth will be at the forefront of this transformation. Joint initiatives will focus on food security, income generation, and skills development. Rural and urban communities will thrive, as entrepreneurship and innovation take root. Zimbabwe and Zambia’s partnership shines as a beacon of hope for Southern Africa. Neighboring countries are taking notice, eager to join the fold. This cooperative spirit may spark a regional renaissance, spreading prosperity, peace, and understanding.

As the two nations embark on this extraordinary journey, their people rejoice, knowing that a brighter future is within reach. The  partnership is more than a diplomatic gesture – it’s a testament to the power of collaboration and the unwavering human spirit.