In Zambia, the construction of the €1,7 billion Kafue Gorge Lower Hydropower station is nearing completion. Over half of the construction work has been done and the government of Zambia is expecting the builders to meet the deadline of 2020.
The new hydropower station will help Zambia meet its energy needs and make the country become an electricity hub in the southern African region, AfricaInvestor reports.
Like many other African countries, Zambia faces severe power shortages. Only 25% of its urban population and 3% of its rural population have access to electricity.
After completion, Kafue Gorge Lower Hydro-power Station will produce 750MW and is expected to increase Zambia’s power supply by 38%.
The billion-dollar project is funded by the Zambian government and foreign financial institutions such as the Exim Bank of China. China’s Sinohydro Corporation is constructing the dam.
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