GET FiT Zambia finalist for Deal of the Year – Africa Utility Week Industry Awards

  • GET FiT Zambia is short -listed as a finalist in the Deal of the Year category for the 5th annual Africa Utility Week Industry Awards.
  • The winner will be announced at the AUW awards ceremony in Cape Town, South Africa on 16 May 2018.
  • The shortlisting is an acknowledgment of the three years of collaborative effort that went into developing GET FiT Zambia.

GET FiT Zambia would not exist without the leadership of the Zambian Ministry of Energy (MoE) and the financial support of the German government. The program was developed through a partnership between Zambian stakeholders including the MoE, Ministry of Finance, ZESCO, and the Energy Regulation Board, along with the GET FiT Zambia team led by KfW Development Bank and supported by Trinity, African Trade Insurance, Multiconsult, and the African Development Bank.

GET FiT Zambia has commented that it is humbled by the short-listing; especially as a lot of the work in successfully implementing the REFiT Strategy lies ahead. They add that ‘while we are pleased that GET FiT Zambia has already helped forge a number of private sector partnerships between Zambian firms and international project developers, we know that the success of our program will ultimately be judged by procuring much-needed power projects at affordable rates for Zambian customers. We must achieve these results while navigating a challenging economic climate in Zambia and difficult financial period for ZESCO’.

The award announcement comes at a time when Zambia’s debt is rumoured to be understated. GET FiT Zambia however, endeavours to overcome these obstacles and accomplish its objectives in the months and years ahead. The Africa Utility Week will be held in Cape from 15th to 17th May 2018.

Author: Bryan Groenendaal

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