Most Recent News

Zambia plans to cancel over $2 billion projects to rein in debt

Zambia is cancelling more than $2 billion worth of projects financed by commercial loans to reduce the risk of accumulating more non-concessional debt, the ministry of finance said. In 2020,.

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Zambia Moves to Abolish Death Penalty

President Hakainde Hichilema has announced that Zambia is making moves to abolish the death penalty. In a statement via his official Twitter handle, he termed it a “big decision” by.

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WHO Concerned Over Polio Outbreak in Southeastern Africa

The World Health Organization, WHO, says authorities in Mozambique have declared an outbreak of wild poliovirus type 1 after confirming that a child in the country’s northeastern Tete province has.

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First Quantum Minerals approves $1.25 bln mine expansion in Zambia

First Quantum Minerals, FQM, said on Sunday that its board had approved plans for a $1.25 billion expansion of its Kansanshi copper mine in Zambia, first floated in January 2020,.

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China committed to joining Zambia creditor committee – IMF’s Chief

China has committed to joining Zambia’s creditor committee, International Monetary Fund managing director, Kristalina Georgieva, said on Thursday, amid complaints from Zambia’s finance minister about delays to its debt restructuring..

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British firm plans to invest $100 million in Zambia mine expansion

Moxico Resources, based in the United Kingdom, is to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, according to UK Minister for Africa, Vicky Ford. Ford.

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Rwanda and Zambia sign 7 MoUs to further enhance ties and integration

Rwanda and Zambia have signed seven Memoranda of Understandings (MoUs) to further enhance ties and integration between the two countries. The MoUs were signed by Minister of Foreign Affairs and.

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Liquid Telecom completes acquisition of CEC Liquid Telecom in Zambia

Liquid Telecom has completed the acquisition of the remaining 50 per cent stake in its Zambian subsidiary, CEC Liquid Telecom, from Copperbelt Energy Corporation PLC. The acquisition will help facilitate.

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Investors are welcome in Zambia – President Lungu

President Edgar Lungu has assured investors and the business community that Zambia is always ready to receive investors from any part of the world. And the President Lungu has implored.

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USTDA supports wind energy development in Zambia

The U.S. Trade and Development Agency awarded a $1.15 million grant to Globeleq Zambia Wind Limited (Globeleq) for a feasibility study for an estimated 100-megawatt wind power plant in the.

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