• EU- and Germany-funded program launched to boost private investment in Zimbabwe’s clean energy
• Platform will offer financial advice, regulatory support, and project development help
• Solar energy prioritized as hydro production weakens under recurring droughts
Yesterday, the GET.invest and GET.transform programs officially launched a new country window in Zimbabwe. Funded by the European Union and Germany, the announcement was made in Harare during the EU-Zimbabwe Economic Forum, attended by government officials, private sector players, and development partners.
The country window is designed to drive private investment in renewable energy by making financing more accessible, supporting regulatory reforms, and providing technical and strategic guidance to project developers. It draws on the financial advisory services of GET.invest, including its EDGE Finance tool, and the policy and governance expertise of GET.transform.
According to the International Energy Agency, hydropower accounted for 67% of Zimbabwe’s electricity production in 2022. However, repeated droughts have weakened this dependency, creating an urgent need to diversify the country’s energy mix. In response, the rollout of solar solutions has become a national priority to strengthen energy security.
Speaking on behalf of the private sector, Isaiah Nyakusendwa, President of the Renewable Energy Association of Zimbabwe, welcomed the initiative. He said the GET.pro country window had come at the right time and that the technical support to the public sector would help create a more attractive environment for private energy investment.
With this launch, Zimbabwe joins a growing list of sub-Saharan African countries, including Nigeria, where GET.invest recently introduced a similar national window. These platforms are tailored to local contexts and aim to remove key barriers to private sector investment in clean energy.
Ultimately, the goal is to build a more resilient energy market that can attract the capital needed to meet electrification targets and support the energy transition across the region.
BCEAO lowers main rate from 3.50% to 3.25% effective June 16, 2025 Inflation eased to 2.3% in...
• Funding resumes after 2023 suspension tied to Uganda’s anti-LGBT legislation• Three new projects a...
Wingu Africa raised $60 million from South Africa’s Rand Merchant Bank Funds will expand...
• Ghana aims to secure LBMA license to boost refinery access to global markets• Reforms include gold...
AfDB raised $3 billion in a two-part bond issuance in U.S. dollars. The deal included th...
• The World Bank approves $88.7 million for the “Excellence in Learning” education project• The program aims to improve access and quality of...
• Algeria sets goal to raise date export revenues to $250 million per year• New plan aims to expand exports from 57 to 150 countries• Challenges...
• South African academy WeThinkCode receives R35 million ($2 million) from Google.org• The program targets 12,000 youth in South Africa and Kenya,...
• RAM to acquire up to 50 Boeing 737 MAX jets, several 787 Dreamliners, and around 20 Airbus A220s• The plan supports the airline’s long-term strategy to...
Located in the Seychelles archipelago, over 1,100 kilometers southwest of Mahé, Aldabra is one of the largest coral atolls in the world. It is composed of...
Le Morne Brabant, a basaltic mountain rising 556 meters in the southwest of Mauritius, overlooks a landscape of striking natural beauty. More than a...