Power
utility
ZESA
Holdings
has
secured
a
US$210
million
facility
from
Afreximbank
to
boost
its
infrastructure
network
and
support
electricity
imports.
The
agreement
was
concluded
on
the
sidelines
of
the
IATF2025.
According
to
Fredy
Mazana,
finance
director
of
the
Zimbabwe
Electricity
Transmission
and
Distribution
Company
(ZETDC),
US$50
million
of
the
facility
will
go
towards
importing
power
from
Mozambican
supplier
Hidroeléctrica
de
Cahora
Bassa
(HCB).
Said
Mazana:
“We
are
also
going
to
use
it
to
upgrade
our
network
and
the
transmission
and
distribution
system.
We
are
going
to
use
about
U$50
million
for
that.”
Part
of
the
funds
will
be
used
to
purchase
materials
for
the
manufacture
of
transformers,
complemented
by
supplies
from
private
companies.
Mazana
said
ZESA
would
also
channel
some
of
the
resources
towards
speeding
up
the
smart
metering
project,
which
promotes
more
efficient
use
of
electricity.
The
initiative
will
see
smart
meters
installed
for
large-scale
consumers.
In
addition,
the
power
utility
plans
to
replace
transformers
that
have
been
damaged
through
vandalism.
Said
Mazana:
“A
number
of
customers
are
off
supply
because
the
infrastructure
has
been
vandalised.
So
we
are
going
to
buy
cables
and
transformers.”
He
said
a
portion
of
the
funds
would
be
used
to
upgrade
the
Supervisory
Control
and
Data
Acquisition
(SCADA)
system,
which
helps
identify
fault-prone
areas.