Power
Power
Overview
The power supply sector in Zambia is responsible for generating, transmitting, and distributing electricity to households, businesses, and industries. It is a critical sector for the overall growth of other sectors such as mining, agriculture, trade, manufacturing, among others. The nation has an abundance of water resources, with the potential to generate 6 gigawatts of hydropower under normal rainfall conditions, and high solar power potential. However, the current power generating capacity stands at only 2.8 gigawatts, more than 50% less than the maximum potential. 85% of the current capacity is hydro-based while the other 15% is generated from thermal and solar power sources. The major challenges facing the sector are adverse periodic droughts leading to power shortages and loadshedding due to a high dependency on hydropower, and low investments in alternative sources of power.
By addressing these challenges and leveraging the strengths of the Zambian power supply sector, companies in both on- and off-grid applications can transform the sector to support the country's long-term growth while realizing sustainable value for their investment.
At Red Black Ventures, we believe that unlocking the full value of the Zambian power supply sector requires a deeper understanding of its unique challenges and opportunities. We keep a close eye on market trends, gather data, and work with businesses to develop effective strategies that help them succeed in the sector.
Power by the numbers
Contribution to GDP by Sector, Zambia (%)
