ADB TO FUND ZAMBIA’S ENERGY PROJECTS

Energy Minister Matthew Nkhuwa says Zambia will benefit from energy projects funded by the Africa Development Bank.
Mr. Nkhuwa says Zambia is poised to become an energy hub in the region, when it develops all projects that have been planned.
Energy Minister Matthew Nkhuwa
He was speaking at the Africa Investment Forum being hosted by the ADB in South Africa.
Mr. Nkhuwa is representing Zambia at the Africa Development Bank’s Africa Investment Forum, a World Class Initiative positioned to Transform the continent’s economy and infrastructure Development landscape.
Over 61 bankable projects worth 40 Billion United States Dollars across the continent will be discussed during the Forum with the aim to spring board African economic transformation.
According to the Africa Development Bank, Financing Africa’s development needs will require an estimated 600 to 700 Billion US Dollars per annum.