Finance, Economic Development and Investment Promotion minister Mthuli Ncube will deliver a keynote address at the Invest in African Energy (IAE) 2025 Forum in France, as the government seeks investments into the energy sectors.
In a statement, Energy Capital & Power, a South African leading investment platform for the energy sector on the continent, said Zimbabwe was seeking to attract investment at the event.
“Mthuli Ncube, Zimbabwe’s minister of Finance, Economic Planning and Investment Promotion, will address global investors at the Invest in African Energy (IAE) 2025 Forum in Paris next week,” the platform said.
“As a keynote speaker, Ncube will present Zimbabwe’s energy investment outlook, economic reform agenda, and efforts to mobilise private capital across the power, hydrocarbons, and renewable energy value chains.”
It said Zimbabwe was targeting rapid energy sector expansion to meet rising industrial and consumer demand, reduce reliance on electricity imports and support long-term economic transformation.
“Key investment opportunities span power generation, transmission infrastructure, oil and gas exploration and the deployment of renewable energy, with a particular emphasis on solar and hydroelectric resources,” the energy platform said.
“The country is estimated to have a US$4,8 billion funding gap for large-scale solar projects and is actively working to expand the pool of available capital. Efforts are also underway to enhance financial inclusion and secure more favourable terms for foreign investors in energy infrastructure.”
IAE 2025 is an exclusive forum designed to facilitate investment between African energy markets and global investors.
- Budget dampens workers’ hopes
- Govt issues $24 billion Covid-19 guarantees
- Letter to my People:They have no answers for Nero’s charisma
- ZMX to enhance farm profitability
Keep Reading
It runs from May 13 to 14, in France’s capital, Paris. The event offers delegates two days of intensive engagement with industry experts, project developers, investors and policymakers.
“Ncube’s keynote will offer investors direct insight into the policy direction and financing mechanisms shaping Zimbabwe’s energy future,” the platform's events & projects director Sandra Jeque said.
“His presence at IAE 2025 underscores the country’s strong push to deepen international investment partnerships in support of energy access and industrialisation.”
The country’s strategic location, resource potential and improving macroeconomic stability make it a compelling destination for long-term infrastructure and energy investment, according to the energy investment platform.
Zimbabwe is battling to secure investments in the energy sector to reduce power cuts that have ravaged industry and commerce, and households.
It is estimated that power cuts are costing the economy at least US$1,27 billion annually, according to the World Bank.
At the launch of Zimbabwe’s fourth Economic Update from the World Bank in December 2023, Ncube revealed that the country had an electricity infrastructure requirement of US$2 billion.
