AFRICAN Development Bank (AFDB) chief economist Nathaniel Angola says the bank remains committed to supporting Zambia and its priority areas in realising the effective development of the power sector. Speaking during the signing of the implementation agreement for the technical assistance project between the Ministry of Green Economy and Environment, Ministry of Energy and Rural Electrification Authority (REA), Tuesday, Angola said the bank was proud to support the initiative as it aligned well with the priorities of the Zambian government. “The technical assistance component which is required actually financed by the Green Climate Fund is a $2.5 million grant to the Republic of Zambia which is aimed specifically to develop the ecosystem and value chain for renewable energy and rural…...

To continue reading this premium content, login to your account or Subscribe to our ePaper using the buttons below.
Log In Subscribe