AfDB Backs Zambia 20MW Solar Project

Date Published: 05/11/2025
Category Business

The African Development Bank approved a $14.54 million financing package for the Garneton North 20-megawatt solar project in Zambia’s Copperbelt Province. The $24.5 million project will connect to the national grid under a 25-year power purchase agreement with Zesco. It is expected to supply clean electricity to 82,000 people and cut nearly 59,000 tons of CO₂ annually. It forms part of Zambia’s GETFiT program and Mission 300 push to expand renewable capacity and improve energy security.

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