By Jotham Kayombo Likomeno,
Kamfinsa Member of Parliament Christopher Kang’ombe has called on local investors to take a leading role in helping Zambia meet its projected electricity demand of 11,039 megawatts by 2050.
In an interview with Mafken News, Mr. Kang’ombe said the country requires an estimated 11 billion dollars to finance the projected demand, describing the figure as substantial and stressing the need for both public and private sector participation.
He noted that institutions such as the National Pensions Scheme Authority can play a key role by investing in energy projects, citing its involvement in the Mamba Phase Two Project as a positive example.
Mr. Kang’ombe further urged that the five potential power generation sites on the Luapula River be safeguarded, adding that partnerships between local and foreign investors would be more beneficial.
He has since called for increased interest and collaboration from both the public and private sectors to secure the country’s energy future.
