The United States government, through the U.S. Agency for International Development (USAID), has signed an agreement with National Rural Electric Cooperative Association (NRECA) International to support widespread electrification and economic development in rural communities in Zambia. The $5.3 million Zambia Electric Cooperative Development Program launched November 16 as part of the Zambian government’s initiative to achieve universal electricity access by 2030. Outside of Zambia, NRECA International has established more than 250 rural electric cooperatives, which provide more than 180 million people with access to reliable and affordable electricity. NRECA International’s support of local partners to adapt the cooperative business model to suit local conditions has proven effective to improve access to electricity, which results in increased economic growth, better healthcare services, and higher quality education. The U.S. government will provide technical assistance through NRECA to Zambian communities to form electric cooperatives. Electric cooperatives provide electricity for household and productive use to communities that currently do not have access to electricity. The Zambia Electric Cooperative Development Program aligns with the Zambian government’s priority of increasing access to electricity through scaling up investments in off-grid green energy solutions. This new program aligns with Zambia’s Cooperative Development Strategy promoting and facilitating the formation and growth of cooperatives across all sectors.Distributed by APO Group on behalf of U.S. Embassy in Zambia. Send us your press releases to pressrelease.zawya@refinitiv.com © Press Release 2021 Disclaimer: The contents of this press release was provided from an external third party provider. This website is not responsible for, and does not control, such external content. This content is provided on an “as is” and “as available” basis and has not been edited in any way. Neither this website nor our affiliates guarantee the accuracy of or endorse the views or opinions expressed in this press release. The press release is provided for informational purposes only. The content does not provide tax, legal or investment advice or opinion regarding the suitability, value or profitability of any particular security, portfolio or investment strategy. Neither this website nor our affiliates shall be liable for any errors or inaccuracies in the content, or for any actions taken by you in reliance thereon. You expressly agree that your use of the information within this article is at your sole risk. To the fullest extent permitted by applicable law, this website, its parent company, its subsidiaries, its affiliates and the respective shareholders, directors, officers, employees, agents, advertisers, content providers and licensors will not be liable (jointly or severally) to you for any direct, indirect, consequential, special, incidental, punitive or exemplary damages, including without limitation, lost profits, lost savings and lost revenues, whether in negligence, tort, contract or any other theory of liability, even if the parties have been advised of the possibility or could have foreseen any such damages.
