Energy Plays Vital Role in Zambia’s Economy, Says Analyst
Mr. Kelvin Chisanga, an economic analyst, has highlighted the critical role of energy in production and investment, emphasizing its importance in creating goods and services.
He pointed out that addressing challenges in the energy sector is crucial for Zambia’s economic development, urging for innovative and sustainable solutions.
Located between Tanzania, Mozambique, Angola, and Namibia, Zambia holds significant natural gas resources.
Mr. Chisanga proposed increasing efforts to establish thermal power plants near the borders of Tanzania and Mozambique, or exploring partnerships with Angola and Namibia to harness these resources effectively.
“This is a pivotal moment to capitalize on natural gas opportunities,” Mr. Chisanga stated, underlining the potential for economic growth through enhanced energy infrastructure.