Zambia – Tanzania Interconnector Project: Enhancing Access to Affordable Energy
A new World Bank project called the Zambia – Tanzania Interconnector Project (ZTIP) aims to improve Zambia’s access to sustainable energy. With a $292 million investment, it promises to enhance power transmission between Zambia and Tanzania, facilitating electricity trade across Southern Africa. This initiative is expected to contribute to economic growth, job creation, and greater energy access for the region.
On January 29, 2025, a new project known as the Zambia – Tanzania Interconnector Project (ZTIP) was announced, backed by the World Bank. This initiative aims to enhance Zambia’s access to more sustainable and affordable energy, which is expected to bolster economic growth and create jobs. By improving electricity trade, ZTIP will significantly benefit both current and future electricity consumers in Zambia and the broader Southern African region.
Zambia’s energy sector is currently challenged by financial viability issues that impede economic progress. The ZTIP seeks to alleviate these challenges by increasing power transmission capacity between Zambia and Tanzania, which will subsequently facilitate power trading between East and Southern Africa. The project is significant in addressing the need for universal electricity access and ensuring a long-term sustainable energy future for Zambia.
In summary, the Zambia – Tanzania Interconnector Project is a pivotal initiative aimed at enhancing Zambia’s energy access through improved power transmission with Tanzania. The collaboration, supported by a $292 million investment from the World Bank and other partners, promises to strengthen Zambia’s energy sector, promote economic development, and increase resilience against climate changes. This project marks a significant step toward establishing a robust energy market in Southern Africa.
Original Source: nextbillion.net
