Zambia launches $2 billion hydro-power project
Zambia has begun the construction of what it says is a major hydro-power project aimed at boosting the country’s electricity generation capacity, Xinhua news agency […]
Zambia
Zambia: inflation up to 19.3%, lower growth in 2016
Zambia’s annual rate of inflation for November 2015 rose to 19.3 percent, jumping from 14.3 percent recorded in October 2015, the statistics agency said in […]
I cannot allow Glencore to lay off 4,000 people – Zambia president
Zambia’s president Edgar Lungu said on Wednesday he will not allow Glencore’s Mopani unit to lay off workers as the mining and trading company deepens […]
Zambia: Swiss Giant Glencore plans $950 million investment in copper mine
The Swiss mining company, Glencore Plc, plans to invest $950 million over the next three years to expand operations at its Mopani Copper Mines as […]
IMF downgrades Sub-Sahara’s growth forecast to 3.75% for 2015
In its latest African Economic Outlook released on Tuesday under the title “Dealing with the Gathering Clouds,” the International Monetary Fund (IMF) said that sub-Saharan […]
Zambia-economic crisis: President seeks God’s intervention
Zambia holds a day of prayer and fasting, with bars shut and football matches cancelled, to seek divine help over the country’s currency collapse and […]
Zambia: China to build 750 MW power plant
China’s Sinohydro Corp will start building a 750 megawatt (MW) hydro-electric power station in Zambia in December as the country seeks to address an electricity […]
DRC: Copper production to rise to 1 million tons in 2015
Democratic Republic of Congo will produce about 1 million tons of copper for the second consecutive year in 2015, the mines ministry said on Thursday. […]
Zambia forecasts 15% drop in copper output
Zambia is expected to produce 600 000 tons of copper this year, down 15 percent from 708 000 tons in 2014, a government official said […]
U.S. allocates additional $300 Mln to fight HIV in Africa
The Obama administration is allocating an additional $300m to the effort to reduce HIV infection among girls and young women in 10 sub-Saharan African countries. […]