Business

EU fund to focus on energy

The 50 megawatts Bangweulu solar power plant project.

KABANDA CHULU, Lusaka
EUROPEAN Union Head of Cooperation Arnaud Borchard says the 12th European Development Fund (EDF) to be implemented from 2021-2027 will mainly focus on supporting the energy sector which is critical to Zambia’s economic development.
Mr Borchard said discussions with Government regarding the 12thEDF have advanced and will be concluded soon.
“The energy sector is among the most important priority under the EDF and it accounted for K6.3 billion out of the total resource envelope of K12.5 billion provided under the 11th EDF 2014-2020,” he said.
“We are finalising discussions with Government on priority areas but we shall continue to focus on ensuring access to clean, reliable and CLICK TO READ MORE



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