JOURNAL ARTICLE

Zambia, Zimbabwe to Contribute to $4.2 Billion Hydro Project.

  • Published In: Bloomberg.com, 2025. P. N.PAG 1 of 3

  • Database: Business Source Ultimate 2 of 3

  • Authored By: Marawanyika, Godfrey; Mitimingi, Taonga 3 of 3

Abstract

The article focuses on the agreement between Zambia and Zimbabwe to each contribute $220 million towards the construction of the $4.2 billion Batoka Gorge hydropower plant, aimed at supplying electricity to both countries. The Zambezi River Authority, a joint venture managing the Kariba Dam complex, is overseeing the project, which has faced delays due to funding challenges and the COVID-19 pandemic. A resource mobilization committee will be established to secure additional funding, while engineering feasibility and environmental studies are currently underway. The project is significant as both nations experienced power shortages last year due to drought conditions affecting the Kariba Dam. [Extracted from the article]

Additional Information

  • Source:Bloomberg.com. 2025/12, pN.PAG
  • Document Type:Article
  • Subject Area:Science
  • Publication Date:2025
  • Accession Number:190575377
  • Copyright Statement:Copyright of Bloomberg.com is the property of Bloomberg, L.P. and its content may not be copied or emailed to multiple sites without the copyright holder's express written permission. Additionally, content may not be used with any artificial intelligence tools or machine learning technologies. However, users may print, download, or email articles for individual use. This abstract may be abridged. No warranty is given about the accuracy of the copy. Users should refer to the original published version of the material for the full abstract. (Copyright applies to all Abstracts.)

Looking to go deeper into this topic? Look for more articles on EBSCOhost.