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
2014
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
2016
CEC receives Iconic Investor of the year award from the Zambia Development Agency (ZDA) Restructuring of CEC Plc and CEC Africa
2017
Company commemorates 20 years of successful operations after privatisation