Online Reporter
Judith Phiri-Zimpapers Business Hub
ZIMBABWE has invited global investors to consider lucrative opportunities in the energy, information and communication technology and climate sectors after senior Government officials held a meeting with prospective investors at the 80th United Nations General Assembly in New York, United States.
The Minister of Energy and Power Development, July Moyo, along with a delegation from ZESA Holdings, met prospective investors in New York as part of strategic efforts to attract investment and unlock transformative opportunities in power generation, telecommunications, and climate financing.
The delegation successfully presented Zimbabwe as “Open for Business” in areas such as renewable energy, carbon markets, ICT infrastructure, and innovative public-private partnerships at the UNGA deliberations, held from September 09 to 23, 2025.
In a series of impactful discussions on the sidelines of the UNGA, key discussions were held that could reshape Zimbabwe’s energy landscape.
Minister Moyo highlighted five pivotal action points agreed upon during the negotiations.
These include developing a Carbon Credits Framework focused on rural electrification projects to enhance energy access and exploring transition credits aimed at supporting coal power plants in their journey towards sustainability.
Also among the highlights was advancing waste gas utilisation with initiatives such as converting waste into power and tapping into the nation’s extensive potential for renewable energy.
The minister also singled out opportunities in financing gas-to-power projects through investment to bolster gas power generation, and the need to host a Carbon Markets Workshop designed to position Zimbabwe as a leader in carbon trading.
Investors proposed a joint venture with Powertel, ZESA’s telecommunications arm, focused on expanding fibre networks, data centres, and Agri-Fintech solutions.
“This public-private partnership (PPP) model promises to enhance the digital landscape and drive economic growth, leveraging existing ZESA transmission lines for fibre rollout.”
“Our message is simple – Zimbabwe is ready for serious investors who want to be part of our energy transition story. We have the resources, the policy support, and the demand. What we seek are partners who can bring capital, technology, and innovation to power up Zimbabwe’s future,” he said.
The call for investment aligns with the recent Cabinet approval for private sector partnerships to distribute and retail electricity in major urban centres, a strategic move that underscores Zimbabwe’s commitment to expanding energy access nationwide.
The delegation not only emphasised Zimbabwe’s dedication to energy security and investment partnerships but also reflected on its commitment to sustainable growth.
Zimbabwe’s foreign policy, which champions the principle of being “a friend to all and enemy to none,” is central to the approach in attracting global cooperation.
As the country looks towards a sustainable and connected future, luring investors into the energy and ICT industries is a compelling testament to the country’s readiness to collaborate with the international community.
With a clear vision and actionable plans, Zimbabwe is poised to become an important player in the energy transition, offering promising opportunities for both its citizens and investors.
