January 12, 2017
Zambia will next month hold a High Level Regional Investment Conference to mobilise resources for the Batoka Gorge Hydro Electric Power Scheme which is estimated to cost US$ 6 Billion and produce 2, 400 Mega Watts to be shared equally between Zambia and Zimbabwe.
Zambia’s Finance Minister Felix Mutati has disclosed that among the speakers at the Batoka Regional Investment Conference will be The President of The African Development Bank, Dr. Akinwumi Adesina.
According to the statement released to the media by Head of Public relations at the Ministry of Finance, Chileshe Kandeta, the conference will also attract Multilateral Development Financial Institutions (DFI’s), Bilateral Cooperating Partners and Local, Regional and Multinational Private Sector Organisations – with a view of marketing the financing requirements of the Batoka Gorge Hydro Electric Power Scheme through the Independent Power Producer Arrangement (IPPA).
G: Meanwhile the Environmental Impact Assessment has still not been completed …
And, it would seem that the rest of the world is turning against dams. I have reproduced an article in the UK Guardian called: Dams be damned, let the world’s rivers flow again. Download the full newsletter here: newsletter-livingstone-jan