Egyptian President Abdel-Fattah El-Sisi and his Zambian counterpart Lungu Edgar attended on Wednesday the signing ceremony of a joint development agreement for the construction of two photovoltaic solar power plants in Sesheke and Mongu cities in Zambia, with capacities hit 50 MW for each plant.
Japanese Minister of State for Economy, Trade and Industry also attended the ceremony.
The 100 MW two plants are set to be established in partnership between Egypt’s Elsewedy Electric Group and Japan’s Toyota Tsusho Corporation.
The agreement comes on the sidelines of the 7th Tokyo International Conference on African Development (TICAD7), currently being held in Japan.
The project is funded by the Japan Bank for International Cooperation (JBIC) for the Zambian Ministry of Energy.
The project, once completed, will be one of the largest projects in Africa and the world to store solar power in batteries.
It is noteworthy that TICAD7 is held in Yokohama, Japan from August 28 to 30. It is the third time for Yokohama to host this biggest international event happening in Japan.
The forum will be attended by 1,500 Japanese businessmen, and 50 Egyptian businessmen. More than 4,500 (based on attendance of TICADV) heads of state and government, as well as representatives of international and regional organizations, civil societies, NGOs and the private sector will participate in the summit.
The agenda of the three-day forum includes several plenary sessions in the morning and the afternoon, in addition to around 170 various sideline sessions
TICAD plays a role to promote connectivity and enhance the capacity of African’s private sector via: technical support, experience sharing on SMEs, promotion of agro-industry expansion, learning from Japan’s Kaize experience to leap-frog technological development for Africa.
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