Zambia's Investor perception positive-World Bank
ZAMBIA’s investor perception is very positive and must be replicated
to other parts of Africa, World Bank group renewable energy specialist
Amit Jain has said.
Dr Jain said investors would be more comfortable to invest in the
Zambian economy than in any part of the continent because of the
stable investment climate.
This is contained in a statement released in Lusaka by first secretary
press and tourism at the Zambian Mission in India, Bangwe Naviley recently.
Speaking during the African Diplomatic Corps and energy experts
meeting in India, Dr Jain said the cost reflective tariffs were also
very attractive for investment in Zambia’s energy sector.
International Solar Alliance (ISA) has urged Zambia to ratify the ISA
protocol for the country to start benefiting from the pool of
resources meant for solar energy development.
ISA interim director general Upendra Tripathy said 15 countries from
Africa are required to ratify as member states but that only six have
so far done except Zambia.
Mr Tripathy said ISA was looking forward to meeting Zambian delegation
to the ISA conference in India later this year if the country ratifies
the protocol.
The ISA is conceived as a coalition of solar resource rich countries
to address their special energy needs and will provide a platform to
collaborate on addressing the identified gaps through a common, agreed
approach.
to other parts of Africa, World Bank group renewable energy specialist
Amit Jain has said.
Dr Jain said investors would be more comfortable to invest in the
Zambian economy than in any part of the continent because of the
stable investment climate.
This is contained in a statement released in Lusaka by first secretary
press and tourism at the Zambian Mission in India, Bangwe Naviley recently.
Speaking during the African Diplomatic Corps and energy experts
meeting in India, Dr Jain said the cost reflective tariffs were also
very attractive for investment in Zambia’s energy sector.
International Solar Alliance (ISA) has urged Zambia to ratify the ISA
protocol for the country to start benefiting from the pool of
resources meant for solar energy development.
ISA interim director general Upendra Tripathy said 15 countries from
Africa are required to ratify as member states but that only six have
so far done except Zambia.
Mr Tripathy said ISA was looking forward to meeting Zambian delegation
to the ISA conference in India later this year if the country ratifies
the protocol.
The ISA is conceived as a coalition of solar resource rich countries
to address their special energy needs and will provide a platform to
collaborate on addressing the identified gaps through a common, agreed
approach.