Zambia and Zimbabwe Mobilize $440M to Revive Batoka Gorge Hydroelectric Project

The two Southern African countries commit to injecting $220 million each to strengthen the bankability of a 2,400 MW hydroelectric project estimated at $4.2 billion, after several years of delays.

The Zambian and Zimbabwean governments have decided to jointly contribute $440M to revive the Batoka Gorge hydroelectric project. Each country commits to mobilizing $220M, according to information reported by The Zimbabwean newspaper. This decision follows a meeting of the Council of Ministers of the Zambezi River Authority (ZRA), a binational entity responsible for managing joint hydroelectric projects, held in late 2025.

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