Milestones

/Milestones
Milestones 2017-11-22T04:57:27+00:00
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

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