The world is being quietly rearranged by people who write very long documents.


The title they went with Zambia Economic Update : Electricity - Turning Crisis into a Catalyst for Growth, Jobs, and Development Noisy translates that to

Zambia's economy will now be measured by how much electricity it can generate


Zambia's economy is growing, but constant power outages are holding it back. The World Bank says the country needs to fix its electricity problems to create jobs and grow beyond mining and farming.
For years, Zambia's economic growth has been tied to mining and agriculture, which are vulnerable to global prices and climate. This report shifts the focus to reliable electricity as the core driver for future growth and job creation. It means that future development efforts will likely prioritize power sector reforms over other types of investment.
Watch for specific investment announcements in new power generation projects or reforms to the national utility company, ZESCO, over the next 12-18 months.

If you insist
Read the original →