Governance and Development Advocates Zambia (GODAZA) has praised plans by Sino Metals to invest about 200 million dollars in the Samba Mine project in Kalulushi District, Copperbelt Province. The advocacy …
ZAMBIA
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International RelationsINVESTMENTMiningZAMBIA
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AfricaBusiness and EconomyGovernanceINVESTMENTMiningZAMBIA
Zambia’s Kansanshi S3 Expansion Boosts Mining by $1.25bn
The Zambia Consolidated Copper Mines-Investment Holdings (ZCCM-IH) says the commissioning of the US$1.25 billion Kansanshi Mine S3 expansion project represents a turning point for the country’s mining industry and overall …
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AfricaBusinessEnergyEnvironmentInternational RelationsTechnologyZAMBIA
China Sends Electric Trucks to Zambia in Green Mining Push
China has sent a fleet of 31 pure electric mining trucks to Zambia, marking a major step in introducing green technology to Africa’s mining industry. The shipment, organized by Chinese …
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EconomyEnergyInternational RelationsINVESTMENTZAMBIA
World Bank Urges Zambia to Boost Copper, Cobalt Production
The World Bank has advised the Zambian government to step up its efforts in the production of energy transition metals like copper, cobalt, and manganese, saying this is the key …
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AfricaAFRICA NEWSBusiness and EconomyEconomyEnergyInfrastructureNewsSouthern AfricaZAMBIA
Zambia Launches Largest Solar Power Plant to Boost Energy Security
Zambia’s President, Hakainde Hichilema, on Monday officially opened the country’s largest grid-connected solar power plant, a major step towards strengthening the nation’s electricity supply. The 100-megawatt solar facility, located in …
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AfricaAFRICA NEWSBusinessBusiness and EconomyEnergyInternational RelationsNatural ResourcesNewsTrade and CommerceZAMBIA
India Sends Geologists to Zambia to Hunt for Copper
India has sent a team of its geologists to Zambia to look for copper and cobalt as part of its bigger plan to secure minerals needed for its clean energy …
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DevelopmentEnergyInfrastructureSouthern AfricaTrade and CommerceTransportation & LogisiticsZAMBIA
Zimbabwe and Zambia Sign MoU for Cross-Border Fuel Pipeline
HARARE, ZIMBABWE — Zimbabwe and Zambia have signed a landmark Memorandum of Understanding (MoU) to develop a new cross-border pipeline for the transportation of refined petroleum products, marking a key …
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AFRICA NEWSBanking, Finance & InvestmentEconomyFinance & ServicesInternational RelationsZAMBIA
Zambia Confirms Afreximbank Loan is Commercial, Begins Talks to Restructure It.
Zambia has confirmed that its loan from the African Export-Import Bank (Afreximbank) is a commercial loan and not concessional. The country’s Secretary to the Treasury, Mr. Felix Nkulukusa, made this …
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Banking, Finance & InvestmentDevelopmentEconomyFinance & ServicesGhanaMALAWIZAMBIA
Fitch Downgrades Afreximbank Credit Rating to BBB-, Flags High Risks and Weak Transparency
Fitch Ratings has downgraded the credit rating of the African Export-Import Bank (Afreximbank) by one notch to BBB-, just above junk status, citing growing credit risks and weak risk management …
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AfricaBusinessDevelopmentEastern AfricaEconomyEnergyInfrastructureINVESTMENTKenyaSouth AfricaTANZANIATransportation & LogisiticsUGANDAZAMBIA
TransCentury Returns to Profitability After Major Turnaround Strategy
TransCentury Plc, an infrastructure investment company based in Nairobi, Kenya, has returned to profit after facing financial challenges for several years. The company, which is listed on the Nairobi Securities …