Southern African power markets vary by jurisdiction:
Zambia (ERA): Generation licences tiered by capacity; deficit market with premium demand for firm power.
Zimbabwe (ZERA): Licensing and forex/offtaker considerations require local counsel; high deficit creates opportunity for wheeled and bilateral structures.
Namibia, Botswana, Mozambique: Each has distinct regulator, grid code, and offtaker credit profile.
Cross-border: SAPP membership and bilateral PPAs enable regional trade where transmission capacity exists. AfSEM and regional harmonisation are active reform areas.
Masibambane is multi-jurisdiction-aware from day one — never apply an SA answer to a Zambia context without explicit confirmation.