Econet InfraCo establishes 90 base stations, expands AI adoption

by NQOBANI MATHIBELA & MARCUS MUSHONGA
HARAREĀ – ECONET InfraCo, the Zimbabwean integrated infrastructure company, has deployed 90 new base station sites and rolled out solar systems to new and existing sites during the quarter ended May 31.

During the period, the company expanded the use of artificial intelligence (AI) to improve predictive generator maintenance, optimise fuel utilisation and enhance infrastructure reliability.

Releasing its results for the period, the company noted that the phased rollout of its AI Fuel Manager had reduced energy consumption while improving availability and uptime, while the AI-enabled Remote Monitoring System (RMS) and tower Digital Twin initiatives had continued to advance, increasing technological efficiency.

Tatenda Ngowe, Group Company Secretary, stated on behalf of the Board of Directors that Econet InfraCo had also continued to pursue its offering across diverse customer segments of energy-as-a-service.

A key development during the quarter was the commencement of the first phase of the 100MW solar farm.

Once fully operational, this facility will supply clean, renewable energy to developments within Econet Tech City.

ā€œThe TechCity in Harare and Victoria Falls Lifestyle Villas remain on schedule according to our targeted timelines,ā€ Ngowe stated.

She said groundbreaking for both projects was targeted for the third quarter of the financial year.

ā€œThe company has already received expressions of interest from various sectors for both projects, indicating strong market uptake once the different units become available.ā€

Priorities for the remainder of the financial year include the continued expansion of the tower portfolio and acceleration of the solar power programme.

With groundbreaking on both TechCity and Victoria Falls Lifestyle Villas targeted for the fourth quarter, Econet InfraCo anticipates market uptake to build steadily, in line with the strategic vision of unlocking distinct asset value through focused infrastructure development.

Econet InfraCo officially listed on the Victoria Falls Stock Exchange (VFEX) in April, debuting at a US$1 billion valuation.

This marked the largest initial listing in the history of Zimbabwe’s capital markets.

The company was established in early 2026 by spinning off the real estate, renewable energy and telecommunications tower assets of Econet Wireless Zimbabwe into a standalone infrastructure entity.

– CAJ News

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