Chinese Clinch Kafue power deal

Last week, three Chinese companies - the China Africa Development Fund, the China Development Bank and the Sino-Hydro Power Company and the Zambian government - signed a MoU which sets out the roadmap for the construction of the massive power station that is expected to be completed by 2017. 

It is envisaged that when completed, the KGL project will benefit all Southern Africa Power Pool (SAPP) countries because even with increasing power demand, especially by the booming mining sector, Zambia is unlikely to gobble up KGL 750MW capacity.