ZESA's strength is TRANSMISSION infrastructure, not power generation with DPA CEO Norman Moyo
Update: 2022-06-09
Description
Episode Notes
On this episode of Technikari, I was joined by Norman Moyo the CEO of the Econet Group subsidiary that Strive Masiyiwa said would be bigger than Liquid Intelligent Technologies and Econet Wireless - Distributed Power Africa (DPA). We discussed the state of power generation in Africa with a particular focus on the Zimbabwe Electricity Supply Authority (ZESA) and the shortfalls in power production that have been a feature of the last two decades and how that relates to Independent Power Producers (IPPs).
We also covered:
- Why Independent Power Producers, like DPA, are only installing solar at mines and factories.
- The equity deal DPA has with France's national power company EDF.
- ZESA's strength is the transmission infrastructure it has, they should leverage that and let private players generate electricity.
- The legacy debt and other problems plaguing ZESA and its African counterparts.
- ZESA is importing expensive electricity and selling it to customers at a discount. This is unsustainable...
- The US$100 Billion for renewable energy fund that Zimbabwe and Africa are missing out on.
- Will DPA meet the ambition that Strive Masiyiwa has for it?
- Nuclear power is too far off for Africa. We have the sun, let's use it.
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