Stakeholders Call for Climate-Resilient Energy Investments to Drive Africa’s Industrial Future

As Africa pushes forward with its ambitions for industrialisation, energy has emerged not just as a need, but as a critical determinant of progress. At the recently held Energy Forum for Africa conference in Harare, sector stakeholders, government officials, and regional experts converged to deliver a unified message, that Africa’s development cannot outpace its power supply, and that without adequate and sustainable financing, the continent risks short-circuiting its own growth potential.

From mineral-rich nations like Zimbabwe and Zambia, the challenge is clear: the vast natural resources that lie beneath the soil require intensive energy to extract, refine, and add value. Yet, energy supply remains vulnerable, not just to underinvestment, but also to climate change. Engineer Hope Chanda, CEO of the Energy Forum for Africa, captured the regional concern with urgency. “For countries like Zimbabwe and Zambia, we need a lot of power to extract minerals. But when we have droughts, for example, power generation suffers, creating a deficit. What we want to create is a climate-resilient energy sector for Africa — one that can withstand shocks by using the sun, the wind. We must utilise renewable sources. The deficit we see today is partly due to the lack of access to finance. We need long-term solutions because energy is a long-term investment.”

Sponsor Logo

Rainbow Hotels — Experience Luxury Across Zimbabwe

Rainbow Hotels continues to redefine hospitality standards in Zimbabwe, offering world-class accommodation, fine dining, and modern conference facilities in Harare, Bulawayo, and Victoria Falls.

Whether for business or leisure, Rainbow Hotels delivers unmatched comfort, exceptional service, and a truly premium guest experience tailored to modern travellers.

Book Now
Sponsored Content

The forum was not only a space to voice challenges, but a strategic platform to reimagine Africa’s energy landscape as interconnected, collaborative, and future-oriented. Calls for cross-border investment and infrastructure development were amplified, with the Zimbabwean and Zambian energy models cited as examples of cooperation yielding tangible results. From the shared operations at Kariba to upcoming ventures like the Batoka Gorge Hydro Electric Scheme, the path ahead is one of regional energy trade and shared infrastructure. “Zambia and Zimbabwe have long collaborated on electricity, Kariba is a great example. We are interconnected so that we trade in power. Going forward, we will build new stations like Batoka. Zambia will soon connect to East Africa. Zimbabwe, located at the heart of the southern African power hub, stands to benefit from regional integration. It will help reduce the cost of electricity by leveraging hydro,” noted Engineer Benson Munyaradzi, Chief Director in the Ministry of Energy and Power Development.

The urgency of transitioning towards renewable energy also resonated through the discussions. Zambia has already operationalised a 100-megawatt solar plant, a milestone that several countries now aim to emulate. Zimbabwe, for its part, has enacted a renewable energy policy and licensed independent power producers. Solar plants are being rolled out in various provinces, a testament to the government’s intent to diversify energy sources and enhance energy security.

The forum concluded with consensus on several points: energy must be resilient, regionally integrated, and adequately funded. It must also be inclusive, drawing from both public and private sectors. In an era where climate variability poses existential threats to hydro and thermal energy generation, the future of Africa’s power must be built on innovation, cooperation, and smart financing.

The calls from Harare echoed far beyond the conference walls. They carried the weight of a continent hungry for growth, ready for transformation, but in need of the fuel, literally and financially, to move forward. And for Africa, that fuel must now come not just from coal and dams, but from the sun, the wind, and a unified resolve.

Victoria Falls stock exchange
News

VFEX Extends Waiver on Auditor Review of Unaudited Half-Year Interim Reports by 36 Months

The Victoria Falls Stock Exchange Limited has extended the waiver of Section 39(1) of Statutory Instrument 62 of 2026, which governs the requirement for external auditor review of unaudited half-year interim reports. Building on its notice dated 13 December 2023, VFEX confirmed that the waiver will continue for a further 36 months from the date […]

Read More
News

Zimbabwe Introduces Comprehensive Licensing Regime for Virtual Asset Providers Under SI 99 of 2026

The Minister of Finance, Economic Development and Investment Promotion, Professor Mthuli Ncube has gazetted a detailed framework to regulate virtual asset service providers (VASPs), aiming to strengthen anti-money laundering controls while promoting innovation and consumer protection in Zimbabwe’s digital asset sector. A Virtual Asset Service Provider is a business that carries out digital asset activities […]

Read More
News

The Sanctions Paradox: Why 182 Nations Backed Zimbabwe for the UN Security Council

By Aldridge Dzvene Zimbabwe’s election to the United Nations Security Council for the 2027-2028 term has emerged as one of the country’s most significant diplomatic achievements in recent years, presenting a compelling narrative of a nation increasingly asserting its place within the international community despite having endured sanctions and diplomatic challenges for more than two […]

Read More