Tanzania’s Amsons Group and Exergy Africa Limited will invest USD 900 million to develop 1,300MW of new power capacity in Zambia, including 1,000MW of solar and 300MW of coal. The partners aim to meet Zambia’s future energy demand, improve grid reliability, and support industrial expansion.
The agreement was signed in Lusaka on 9 December 2025 and is intended to support Zambia’s future power demand, industrial expansion, and grid stability. The partners plan to introduce new power generation assets, improve grid reliability for key industrial sectors, and enable new manufacturing and mining investment.
According to the announcement, 500MW of solar capacity is expected to be added to the grid within 18 months, and the full 1,300MW is expected to be completed within 24 months. The companies also intend to coordinate cross-border logistics, fuel supply, and power plant construction resources through Amsons Group’s regional infrastructure network. Amsons Group Chief Executive Officer Edha Nahdi said Zambia is a strategic growth market for the company and highlighted the intention to bring regional energy infrastructure, logistics capability, and clean energy investments to support Zambia’s industrialization and power stability. Exergy Africa Limited Director Monica Musonda said the partnership reflects growing momentum toward regional energy integration, noting that the collaboration aims to move faster, reduce project risk, and deliver reliable power where it is needed. Zambia’s Minister of Energy, Makokozo Chikote, who attended the signing, said the government welcomes private-sector investment and confirmed that the energy sector is on the right trajectory.
Read more at: https://www.tanzaniainvest.com/energy/amsons-group-zambia-power-projects
