6th ARE Energy Access Investment Forum
|As you are probably aware, the COVID-19 outbreak has been declared a public health emergency of international concern by the WHO.|
In light of the transitory global situation with COVID-19 and the precautionary measures implemented by the Zambia Ministry of Health to quarantine all international travellers for 14 days, ARE has decided to postpone the 6th ARE Energy Access Investment Forum to 17-18 March 2021.
EAIF is a well-established political exchange and business event organised by ARE with local and regional partners - aimed at assisting the private and public sector to get up to speed on the latest developments in the off-grid sector and do business.
The ARE Forum is supported by our long-standing partner GET.invest, a European programme that mobilises renewable energy investments. The Forum will feature a GET.invest Business-to-Business (B2B) Matchmaking Session. The session will provide participants with an opportunity to connect with potential business partners, public and private investors and policymakers in a series of select personal meetings.
The Forum offers the opportunity:
- for companies to showcase their innovative off-grid solutions, products and services to investors and partners at our exhibition;
- for key public sector players to present their upcoming funding and de-risking programmes and policy initiatives;
- to find your business partners and advance your projects through the B2B matchmaking session;
- to discuss major sector trends and topics in the off-grid energy markets in Africa, where 95% of the rural population have no access to modern energy services; and
- to add your experience and proposals to the international dialogue for cooperation.
Zambia has 2,800 MW of installed electricity generation capacity, of which 85% is hydro based. National access to electricity averages at 31% with 67% of the urban and 4% of the rural population having access to power. In 1996, the Government of Zambia set a goal for universal electricity access for all Zambians by 2030.
Energy has been identified as an important driving force behind economic development in Zambia, and the government has declared its commitment to developing and maintaining energy infrastructure and services. Although there are pockets of private sector activity in generation, transmission, and distribution, the vast majority of power in Zambia is operated by ZESCO Limited, the vertically integrated state-owned utility.
However, the sector is opening up to new independent power producers (IPPs) for on-grid and off-grid transactions. Government of Zambia expects to bring online additional MW of solar, hydro, and thermal power through 2020. (Source: Power Africa, 21 Oct 2019)