Online Reporter
Rutendo Nyeve-Victoria Falls Reporter
OLD Mutual Zimbabwe has partnered the Government and United Nations agencies to establish a renewable energy fund exceeding US$20 million.
The first projects are already underway, according to the group chief executive officer, Mr Samuel Matsekete.
The fund represents a significant public-private partnership that has already begun financing clean energy initiatives, including a women-led solar project that is delivering power to communities while providing social dividends to local residents.
Speaking on the sidelines of the ongoing SADC Sustainable Energy Week in Victoria Falls, Mr Matsekete commended Government’s progressive policy reforms that have created an enabling environment for private sector investment in renewable energy.
“We are here at the SADC Renewable Energy Week, and we have had interactions, very, very useful interactions, and I must congratulate the government of Zimbabwe, the minister, for successfully hosting this event,” said Mr Matsekete.
He highlighted that policy developments have been crucial in attracting private capital into the sector..
Peter Tanyanyiwa