$292 M for Zambia-Tanzania Interconnector Project
The Zambia-Tanzania Interconnector Project (ZTIP) is set to enable Zambia to access more sustainable and affordable energy to power its economy.

Image for illustration purposes.
Zambia, Lusaka: The Zambia-Tanzania Interconnector Project (ZTIP), backed by the World Bank, is set to enable Zambia to access more sustainable and affordable energy to power its economy and boost job creation. The total financing for the project is $292 million.
The project could benefit existing and prospective users of electricity services in Zambia and throughout the Southern Africa region through improved security of supply and the potential to reduce the cost of service through increased electricity trade. This could enable electricity access in rural areas. The project complements regional and national efforts to address the long-term sustainability of the energy sector and support universal access to electricity.
“The power sector in Zambia faces significant financial viability issues, hindering economic growth. Through the ZTIP, the World Bank will partner with Zambia to increase power transmission capacity between Zambia and Tanzania, and therefore between East and Southern Africa,” said Achim Fock, World Bank Country Manager for Zambia.
The project is part of World Bank’s Regional Energy Transmission, Trade, and Decarbonization-Southern Africa-Multiphase Programmatic Approach (RETRADE-SA MPA), which aims to increase power trade, climate resilience and the low carbon development of the grid in the Southern African Power Pool (SAPP). The financing is provided in grant, of this, $245 million is from the International Development Association (IDA), $17 million from the United Kingdom Foreign Commonwealth & Development Office (FCDO) through Energy Sector Management Assistance Program (ESMAP), and $30 million from the European Union (EU).
Source: World Bank
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