Tanzania’s Amsons Group, Zambian firm partner for $900m power projects
Amsons Group managing director Edha Nahdi meets Zambia’s President Hakainde Hichilema in Lusaka during the signing of the landmark agreement. PHOTO | COURTESY
Lusaka. A Tanzanian and pan-African energy and industrial conglomerate, Amsons Group, has entered into a major strategic partnership with Zambia’s Exergy Africa Limited to jointly develop 1,300 megawatts of new power generation projects at a combined investment of $900 million.
The partnership will see the two companies develop 1,000MW of solar power and 300MW of coal-fired generation, in what is positioned as a transformative boost to Zambia’s national energy security, industrial growth and cross-border energy cooperation within Southern and Eastern Africa.
