Zimbabwe makes giant strides in energy security

FILE PHOTO: A worker checks their mobile phone at Prospect Lithium mine and processing plant in Goromonzi
FILE PHOTO: A worker checks their mobile phone, as Zimbabwe's President Emmerson Mnangagwa commissions the Prospect Lithium mine and processing plant in Goromonzi, Zimbabwe July 5, 2023. REUTERS/Philimon Bulawayo/File Photo
Source: X02381

Zimbabwe has recently been invited to be a part of the International Energy Forum, a group of the world's leading energy producers and consumer nations.

The IEF secretary-general, Joseph McMonigle, recently held discussions with Zimbabwe's President Emmerson Mnangagwa in Riyadh on the sidelines of the Saudi-African Summit, confirming the nation's imminent inviation into the IEF.

The delegates engaged in talks on the nation's prospective impact in the global energy sector.

The official IEF X account confirming Zimbabwe's invitation into the IEF
IEF secretary-general, Joseph McMonigle in a meeting with Zimbabwe President Mnangagwa in Riyadh

The Southern African nation is expected to provide 25% of the world's lithium demand next year, local media the Sunday Mail reported.

The country has embarked on various construction projects to attract investors and improve the economic situation in the country.

One of the major projects under implementation is the US$1.4 billion expansion of the country’s Hwange Thermal Power Station in Western Zimbabwe.

It is anticipated that the modernised power plant will provide more than 60% of Zimbabwe's electrical needs. According to local media the Chronicle, the project's implementation has resulted in the direct employment of over 4,000 local people.

 

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