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CAPE TOWN: Mnangagwa to spotlight Zimbabwe’s energy ambitions at AEW 2025
President Emmerson Mnangagwa will deliver a keynote address at the upcoming African Energy Week (AEW) as Zimbabwe moves closer to finalisation of a landmark gas deal that will position the country as a key player in Africa’s energy future.
AEW organisers announced on Friday that Mnangagwa has confirmed his participation at this year’s edition of Africa’s premier energy investment platform scheduled for 29 September to 3 October in South Africa’s Cape Town
“President Mnangagwa’s participation reflects the country’s ambition to unlock the full potential of its energy sector and comes as international and regional companies advance projects in natural gas and renewable energy,” African Energy Chamber said.
Mnangagwa’s participation comes amid growing momentum around Zimbabwe’s Cabora Bassa Project led by Australian firm Invictus Energy.
The project, located in northern Zimbabwe, has yielded two major gas discoveries at the Mukuyu field since 2023, marking the country’s entry into the continent’s emerging gas frontier.
Zimbabwe is currently finalising a Petroleum Production Sharing Agreement with Invictus, with a draft shared in June.
The government has also granted the project National Project Status, unlocking fiscal incentives, duty exemptions and fast-tracked permitting.
A third exploration well, Musuma-1, is expected to be drilled later this year, targeting a new geological play that could significantly expand the country’s resource base.
“Zimbabwe is a prime example of a frontier energy market with significant potential,” said AEC executive chairman NJ Ayuk said.
“At a time when African energy demand continues to grow, frontier markets such as Zimbabwe will play an instrumental part in the next era of development.”
Beyond gas, Zimbabwe is advancing regional fuel infrastructure, including an expansion of the Beira corridor pipeline linking Mozambique to Zimbabwe.
The pipeline’s capacity is set to increase from three to five million cubic meters per annum by 2027.
The country is also ramping up coal and hydropower production.
Coal output is projected to rise 10.5 percent this year while joint efforts with Zambia aim to restart several coal-fired plants.
Hydropower projects such as Batoka Gorge, Lake Mutirikwi and Osborne Dam are expected to boost national generation capacity.