A delegation from SGC Investment LLC, led by Shaikh Humaid Abdulla Essa Abdulaziz Almualla, a member of the ruling family of Umm Al Quain in the United Arab Emirates, met with Zambia’s Minister of Local Government and Rural Development, Hon. Gift Sialubalo, to discuss potential investments in renewable energy, waste-to-energy solutions and infrastructure development. The discussions focused on a proposed 500-megawatt solar power project to be implemented across multiple locations in the country. Minister Sialubalo noted that the project aligns with Zambia’s energy diversification strategy and supports drought mitigation efforts following the 2024–2025 drought, which significantly affected power generation, water supply and livelihoods. He highlighted that resources under the Constituency Development Fund could complement the project, particularly in rural and underserved areas, creating opportunities for integrated development initiatives.
The Minister emphasized that solid waste management remains a major urban challenge, especially in Lusaka, where waste-to-energy solutions could reduce environmental risks while generating electricity and improving local government service delivery. Integrating renewable energy projects with urban waste solutions could provide dual benefits, boosting electricity supply and addressing long-standing waste management issues. The proposed solar project presents a model for sustainable urban and rural development, combining energy generation with practical environmental and community benefits.
Shaikh Essa Bin Abdullah Al Muala expressed SGC Investment LLC’s readiness to advance its proposed projects swiftly, citing confidence in Zambia’s investment climate and commitment to mutually beneficial partnerships. He highlighted the delegation’s focus on collaboration with local authorities to ensure that projects deliver measurable economic and social impact. The delegation also discussed opportunities for public-private partnerships that could accelerate implementation while ensuring regulatory compliance and community engagement.
SGC Investment LLC’s Chief Investment Officer, Muhammad Omar Farooqi, emphasized that solar energy is the priority area for initial investment, with potential expansions into waste-to-energy and infrastructure development. He noted that Zambia’s strategic location, stable political environment and supportive policy framework make it an attractive destination for renewable energy projects. Farooqi highlighted that the company aims to contribute to Zambia’s long-term energy security while supporting local economic growth and development.
If realized, the 500-megawatt solar power project would become one of the largest private renewable energy investments in Zambia. Beyond energy generation, the project could stimulate job creation, strengthen local infrastructure, enhance service delivery by local authorities and promote sustainable development. The initiative underscores Zambia’s growing appeal as a destination for large-scale foreign direct investment in renewable energy and demonstrates the government’s commitment to building partnerships that address both economic and environmental priorities.