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Victoria Falls Solar Park project sold for US$13 million

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HARARE – Kibo Energy plc, a United Kingdom renewable energy company listed in London and Johannesburg, has acquired the 100MW Victoria Falls Solar Park project for US$13 million.

The first 25MW of the project is fully funded and under construction, with the first 5MW expected to be in production by end of April 2022. The 25MW is to be connected to the grid by year-end.

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Kibo is buying the project through a share purchase agreement with Brownhill, the company that was developing the project via its subsidiary Power Ventures.

Kibo, which has previously had interests in coal mining, has been moving away from fossils to invest in renewables, and CEO Louis Coetzee, says the Victoria Falls deal ties in with its strategy.

“We are pleased to have been in a favourable position to participate in this transaction, which is timely, following the company’s strategy to disinvest from fossil fuels and focus on renewable and clean energy projects,” Coetzee says.

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“The successful completion of this Transaction will scale up Kibo’s footprint in Africa, with the potential addition of renewable energy projects in excess of 100MW with the first 5MW going into production at the end of April and the first 25MW fully funded for construction and commissioning.”

It is connected to the Hwange-Victoria Falls national transmission line, less than a kilometre from the solar facility.

On completion, the project will generate 100 MW of solar power, and is projected to deliver free cashflow (EBIT) of around US$107 million, according to the company.

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In 2020, government invited bids for the installation of 500MW of solar power plants, hoping a shift to renewable energy will help ease crippling power cuts.

But investment into Zimbabwean solar has been slowed by investor doubts that they will be paid in US dollars for supplying power. Government is reluctant to issue IPPs the guarantees they demand.

The Victoria Falls project, however, has a 10-year power purchase agreement denominated in US dollars, and it will supply mining and industrial customers.

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Kibo, has invested in coal assets before, including a 300MW coal-to-power project in Tanzania and Mabesekwa in Botswana. But it is shifting to renewables, with one of its most recent new projects being a 2.7MW plastic-to-syngas power plant in South Africa.

The company’s acquisition strategy has been to target projects that are near production; its renewable energy assets all have a time horizon of less than 18 months to first production. – newZwire

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In the community

Free dental outreach treats over 700 in Victoria Falls

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BY NOKUTHABA DLAMINI

More than 700 residents in Victoria Falls have received free dental care following a three-day outreach programme held at Mkhosana Clinic.

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The initiative, led by global charity SmileStar in partnership with CIMAS, saw 705 patients treated between 9 and 11 March. The programme builds on previous outreach efforts in the region and is expanding this year to include Matobo.

A team of 16 volunteer dental professionals—many from Dentex—provided urgent treatment, pain relief, and oral health education, while also sharing skills with local healthcare workers.

Team leader Dr Mitesh Badiani said tooth decay linked to high sugar consumption, particularly among children, was the most common issue encountered.

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“Many of these dental problems are preventable, and education plays a key role in helping to avoid such problems in the future,” he said.

The outreach received support from Africa Albida Tourism, with the team hosted at Victoria Falls Safari Lodge.

Africa Albida Tourism managing director Nigel Frost said the initiative would have lasting benefits for the community.

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“This initiative provides vital dental care and education that will continue to benefit the residents of Victoria Falls long after the clinics have ended,” he said.

Mark Cockburn added that the programme highlighted the impact of volunteerism in addressing healthcare gaps.

Following the Victoria Falls outreach, SmileStar continued its programme in Hwange, before moving to Matobo today and tomorrow at Ethandweni Children’s Home, with a target of treating more than 1 000 patients across the three regions.

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In the community

Kamativi mine to relocate 65 graves to pave way for operations

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BY STAFF REPORTER

Sixty-five human remains are set to be exhumed from the Kamativi Mining Company premises in Matabeleland North as the firm moves to clear a section of land earmarked for ongoing mining operations.

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The development follows a formal notice issued by Kamativi Mining Company in compliance with the Cemeteries Act, which governs the handling and relocation of human remains.

“Notice is hereby issued by Kamativi Mining Company in compliance with the Cemeteries Act, Chapter 5:04, regarding the relocation and reburial of 65 graves situated within the dry tailings operational area at Kamativi Mine, located in the Hwange District of Matabeleland North Province,” the notice read.

According to the company, the relocation is necessary to ensure that mining activities within the affected zone can proceed safely and sustainably.

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The graves are located within the mine’s dry tailings operational area, a key section linked to current and planned extraction processes.

While the notice outlines compliance with legal requirements, the move is likely to raise sensitivities among local communities, given the cultural and emotional significance attached to burial sites.

Kamativi Mining Company has urged stakeholders and individuals with concerns or inquiries to engage directly with the company for further clarification on the exhumation and reburial process.

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No timeline for the relocation has been publicly disclosed.

Additional reporting source: Byo24 News

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National

Flooding risk rises in Zimbabwe, Southern Africa as heavy rains forecast

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Flooding is expected to intensify across parts of Southern Africa, including Zimbabwe, as heavy rainfall continues to affect the region, according to the latest weather hazards update from the Famine Early Warning Systems Network (FEWS NET).

In its Global Weather Hazards Summary for March 12–18, FEWS NET said moderate to locally heavy rainfall has been observed across several countries in the region, raising concerns about flooding in vulnerable areas.

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The agency said the rainfall has affected western, central and eastern parts of Southern Africa, including Angola, Zambia, Malawi, central Mozambique, northern Madagascar, Botswana, Namibia, South Africa and Zimbabwe.

“During the past week, moderate to locally heavy rainfall was observed over northern, central and eastern Southern Africa,” FEWS NET said in the report.

The agency noted that flooding has already been recorded in some parts of the region, including Cunene Province in southern Angola and Rundu in northern Namibia, as rainfall continued across several countries.

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Over the past 30 days, cumulative rainfall has been above average across southeastern Angola, northeastern Botswana, central South Africa, Lesotho, central and southern Zimbabwe and parts of Malawi and Mozambique, increasing the likelihood of flooding in low-lying and flood-prone areas.

FEWS NET warned that the situation could worsen in the coming days.

“(This week) , heavy rainfall is predicted over northern and eastern Zambia, including central and northern Angola, central and eastern Zambia, Malawi, northern and eastern Zimbabwe, Mozambique, northeastern South Africa, Eswatini and northern Madagascar,” the report said.

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According to the outlook, the forecast rainfall raises the risk of flooding in many local areas across the region, particularly where soils are already saturated following weeks of above-average rainfall.

The weather monitoring agency also noted that hot conditions are likely in western Angola and southwestern Madagascar, even as other areas brace for continued heavy rains.

FEWS NET provides climate and food security early warning information to support humanitarian planning and disaster preparedness across vulnerable regions.

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