Key facts
- Convalt Energy will invest $6.2 billion in Lesotho.
- The investment will fund a 1,200-megawatt hydropower project.
- An artificial intelligence data center will also be built.
- The project aims to boost energy infrastructure and technological development in Lesotho.
Convalt Energy, a company based in the United States, has committed to a significant investment of $6.2 billion for development in Lesotho. The project encompasses the construction of a substantial 1,200-megawatt hydropower facility, aimed at enhancing the nation's energy capacity. In parallel, the company will also establish an artificial intelligence data center, signaling a move towards technological advancement within the country. This dual investment is expected to bolster Lesotho's infrastructure and its position in the digital economy.