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Zambia launches a $500 million solar park project

In Zambia Xago Africa and the Zambian company, Blue Chip Resources, have secured a $500 million contract to build a 300 MW solar park in the southern African nation. The joint venture has associated Solarcentury East Africa, the subsidiary of Solarcentury, a British solar specialist into the project. Zambia will act as a technical advisor […]

Zambia eyes $500 million bond to pay power bills

Zambia plans to launch a $500 million bond program to settle arrears to independent electricity providers, according to Bloomberg. The bond program has been structured in two tranches, the first of which could be launched within two months, according to GRK Prasad, the director of Nava Bharat Venture. The Indian company operates the Maamba plant […]

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EIB invests €495 million in transport, energy, internet across Africa

The European Investment Bank has formally agreed a total of €495 million of new financing for three projects to support sustainable transport, clean energy and internet access projects in North, West and East Africa. The three projects, signed at the summit attended by heads of state and government from across Africa and Europe, earlier this […]

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Congo Decides: More than 100 killed in clashes days before vote

More than 100 people have been killed in clashes between rival ethnic groups in Democratic Republic of Congo, days before Sunday’s long-delayed presidential, legislative and provincial elections, in the war-torn mineral-rich nation. According to local media, the fighting between the Batende and Banunu ethnic groups broke out on Sunday over the disputed location of a […]

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Tourism: Prince Harry to help restock elephants in Zambia

Britain’s Prince Harry paid last weekend a two-day trip to Zambia, where he visited the capital city of Lusaka and its Burma Barracks. On Monday, the Duke of Sussex offered to support the Zambian government’s efforts to boost tourism by facilitating a deal with Botswana to move some elephants to the Zambia. The commitment was […]

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Zambia to deport Zimbabwe fleeing ex-finance minister

Zambia’s Foreign Minister Joe Malanji on Wednesday said they have refused to offer asylum to Zimbabwe’s opposition leader and former Finance Minister Tendai Biti. Zimbabwe opposition politician Tendai Biti has been denied asylum in Zambia, after authorities in Zimbabwe briefly detained him as he tried to cross the border. Earlier reports quoting his lawyer Nqobizitha […]

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Exiled DRC tycoon to try entry via Zambia to contest key election

Exiled opposition leader and multimillionaire Moise Katumbi will not attempt to land in DR. Congo after his private jet has been barred from landing on Friday in Lubumbashi, capital of Katanga Province. The political heavyweight will instead try to enter via Zambia, his party said Friday. The 53-year-old former governor of the mineral-rich province has […]

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Zambia: opposition rejects government-proposed cyber laws

Zambia’s main opposition party in the parliament has opposed government plans to introduce new cybercrime laws saying the move will clampdown on social media in the southern African nation. In 2017, the government announced plans to table the country’s Cyber Security and Cyber Crime Bill, the Data Protection Bill and the E-commence Bill. Communications Minister […]

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Zambia aims to eradicate malaria by 2021

The Zambian government on Wednesday said it aims to eradicate malaria within three years after deaths from the disease halved last year from 2014. In Zambia, malaria is the biggest cause of attendance at health facilities, and every family in the Southern African nation has lost someone to disease. However, the country had recorded a […]

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South African firms urged to invest in public projects in Zambia

Zambia’s finance minister has urged South African firms to invest in roads and power plants in the Southern African nation after it suspended borrowing indefinitely. Zambia was expecting to secure a $1.3-billion loan from the International Monetary Fund this year, but the Washington-based lender is unhappy with the country’s borrowing plans. The IMF has rejected […]

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