Who We Are

Milestones

  • 1953

    • Founded in 1953 as the Rhodesia-Congo Border Power Corporation
  • 1966

    • Renamed the Copperbelt Power Company
  • 1982

    • Became the Power Division of ZCCM, following the formation of ZCCM in 1982
  • 1997

    • ZCCM Power Division was privatised in 1997 and CEC formed
  • 2006

    • 77% of CEC acquired by Zambian Energy Corporation
  • 2008

    • Listed on the Lusaka Securities Exchange
  • 2009

    • Acquires 50% interest in Zambian ISP, Realtime Technology Alliance Africa Ltd (Realtime) with the aim of commercialising its operating ground wire network
  • 2010

    • Receives infrastructure investment award – 2010 “Developer of the Year" presented by Africa Investor
  • 2011

    • Enters into JV with Liquid Telecommunications to form CEC Liquid Telecommunications Limited in Zambia to develop wholesale telecommunications platform
  • 2013

    • CEC Africa acquires an effective 45% stake in the Abuja DISCO and 20% in the Shiroro Hydro Power Station concession, both in Nigeria
  • 2014

    • USD65 million successfully raised in CEC Plc Rights Offer
    • CEC’s international power trading segment makes a significant contribution to the Company’s earnings for the first time
  • 2015

    • CEC Liquid Telecom acquires 100% of Realtime (renamed Hai Telecommunications)
  • 2016

    • 2nd Zambia - DRC Interconnector line commissioned
    • CEC receives Iconic Investor of the Year award from the Zambia Development Agency (ZDA)
    • Restructuring of CEC Group via a dividend in specie of CEC Africa
  • 2017

    • Company commemorates 20 years of successful operations after privatisation
  • 2018

    • Commissioned the first Grid Scale Solar PV Plant
  • 2019

    • Establishment of a Subsidiary Company in DRC, CEC-DRC Sarl, to market CEC in DRC and explore growth potential
  • 2020

    • Grid-Connection with Dangote Industries as an IPP
  • 2023

    • Commissioned 33MW Riverside Grid Scale Solar PV Plant; additional 60MW is being developed. CEC targets to ramp up to 100MW of Solar PV plants by end of the year

Being honest in all our dealings