LUSAKA, Zambia – Petrodex has pledged main investments in Zambia’s vitality sector, vowing to double its regional energy buying and selling capability and increase renewable vitality initiatives, together with the landmark Serenje photo voltaic farm.
By Gerald C. Koinyeneh, [email protected]
Talking on the 2025 Power Discussion board for Africa in Lusaka, Mr. Monie Captan, Petrodex’s Deputy CEO for West Africa, mentioned Zambia’s sweeping vitality reforms are reshaping the nation’s future.
“Zambia stands at a crossroads,” Captan advised the gathering, which included President Hakainde Hichilema, senior authorities officers, diplomats, and vitality leaders. “The daring reforms underway—particularly the opening of the market to personal participation—are creating a brand new pathway ahead.”
Petrodex, a worldwide vitality buying and selling and infrastructure large, has already been buying and selling over 200 megawatts of energy each day throughout Mozambique, Zambia, Zimbabwe, and the Democratic Republic of Congo. The corporate plans to extend that determine to 400 megawatts inside 18 months, serving to to satisfy Zambia’s rising industrial demand and strengthen the Southern African Energy Pool.
In Zambia, Petrodex operates by its subsidiary, Petrodex Power Buying and selling Zambia, which straight provides energy to business and industrial purchasers. Captan revealed {that a} related mannequin is being rolled out in Zimbabwe to assist the mining and industrial sectors.
On renewables, Petrodex is advancing the Serenje photo voltaic challenge in Central Province with associate Solarcentury Africa. The primary 25-megawatt section got here on-line in July 2025, with a second 35-megawatt section underneath building. As soon as totally expanded, the power will ship 118 megawatts of unpolluted vitality to the nationwide grid.
“This initiative is totally aligned with President Hichilema’s aim of including 1,000 megawatts of solar energy to the grid by 2025,” Captan mentioned. He added that the corporate is growing an extra 400 megawatts of photo voltaic initiatives throughout the nation.
Captan harassed that Petrodex views Zambia as a long-term associate, not only a market. “With authorities, business, and communities, we are able to unlock Zambia’s immense vitality and mining potential—driving progress not just for this nation however for Africa as an entire,” he mentioned.
Bringing A long time of Power and Diplomatic Management
Captan, a number one determine in Liberia’s vitality and diplomacy sectors, made a significant leap from public service to the company world together with his appointment earlier this yr as Deputy CEO for West Africa at Petrodex, a worldwide vitality buying and selling and infrastructure firm headquartered in Dubai, United Arab Emirates.
Captan’s in depth background in utility administration, vitality transition planning, regulatory reforms, and challenge implementation makes him a strategic asset to Petrodex as the corporate expands its world footprint within the vitality sector.
Earlier than becoming a member of Petrodex, Captan performed a pivotal position in reforming Liberia’s vitality sector. As CEO of the Liberia Electrical energy Company (LEC), he spearheaded initiatives that strengthened the nation’s energy infrastructure, improved electrical energy distribution, and facilitated key worldwide partnerships.
He additionally served as head of the Millennium Problem Account–Liberia, overseeing the implementation of the U.S.-funded Millennium Problem Company (MCC) Compact Grant, which targeted on revitalizing Liberia’s electrical energy sector and enhancing highway upkeep.
Past vitality, Captan has held distinguished roles in authorities and the non-public sector. He served as Liberia’s Minister of Overseas Affairs and Minister of Presidential Affairs, shaping international coverage and strengthening diplomatic ties. He additionally served as President of the Liberia Chamber of Commerce (LCC), the place he promoted non-public sector progress and funding alternatives.
His skilled portfolio additionally consists of management in telecommunications—having served as CEO of a significant GSM firm in Liberia—and academia, the place he was an Affiliate Professor of Worldwide Relations on the College of Liberia.
Based in 2021, Petrodex has quickly grown into a significant world vitality participant, offering options in buying and selling, logistics, monetary companies, challenge administration, asset administration, and infrastructure improvement. Working throughout oil and gasoline, vitality, chemical substances, and mineral merchandise, the corporate leverages its experience to handle provide chains throughout complicated geographies.
