Press Release Caprivi Interconnector Inauguration
Southern Africa electricity cooperation boosted through European funded 950km Caprivi Interconnector inaugurated on 12th November 2010.
On 12 November the 300MW high voltage Caprivi connection between Zambia and Nambia was officially inaugurated by the Presidents of Namibia, Zambia, Botswana and Zimbabwe. This will reinforce electricity transmission between Zambia, Namibia and South Africa, linking northern and western parts of the Southern African Power Pool. The NAD 3bn (EUR 300m) project consists of a 950km connection between Katima Mulilo, and Gerus, Namibia. The Caprivi Interconnector has been financed through long-term funding by the European Investment Bank, Agence Francaise de Developpement and Germany’s KfW with each institution providing EUR 35m support, with an additional EUR 15m interest rate subsidy from the EU-Africa Infrastructure Trust Fund. NamPower will fund the balance together with the Development Bank of Namibia.
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