Description
New 400 kV transmission facilities in Zimbabwe, Zambia, Botswana and Namibia creating an alternative power corridor in SAPP. Initial operation at 330kV targeting 300 MW transfer, upgradeable to 600 MW at 400kV. Decongests existing central corridor. AfDB procured consultancy to update feasibility and ESIA studies January 2024. ESIA complete in Botswana, Namibia, Zimbabwe; Zambia ESIA by SWECO ongoing. Fichtner (Germany) provides transaction/technical advisory; PhD Capital (South Africa) provides project coordination. Four national utilities: NamPower, ZESA, ZESCO, BPC — each 20% equity in SPV incorporated in Namibia. Development banks interested: DBSA (USD 50M pledged), AFD (USD 30-50M pledged), AfDB (40% of debt financing committed).
Project Risk
Four-country coordination; Financing risks; Construction delays; Regulatory harmonisation