admin
Herald Correspondent
A high-powered Zimbabwe delegation is attending the Powering Africa Summit 2025 (PAS25) in Washington DC in the United States of America, seeking to attract energy investors to boost the country’s energy sector.
Running under the theme “The Future of the US & Africa Energy Partnership”, the summit seeks to find long-term energy solutions to address the continent’s economic growth and industrialisation agenda.
Energy and Power Development Minister July Moyo and Finance, Economic Development and Investment Promotion Minister, Professor Mthuli Ncube are part of the country’s delegation.
“Our plea to the US is for them to release their private sector so that they can invest in Zimbabwe. We have created an enabling environment,” Minister Moyo said.
He also urged investors to capitalise on the presence of natural gas in Zimbabwe.
“Investment in gas is what we are looking forward to.”
He also outlined Zimbabwe’s other energy investment opportunities, including wind, solar, the proposed Batoka Gorge Hydroelectric Power Station, and thermal power projects.
In his speech, Professor Ncube highlighted some incentives that the Government has unveiled for investors in the country’s energy sector.
These include economic tariffs, currency convertibility and Government guarantees on power purchase agreements.
“We give some projects national project status and prescribed assets status,” he said.
Online Reporter