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AfricaMoney | September 22, 2017

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Extended Africa strategy pays off as Mauritius annual exports to Zambia up 16%

August 12, 2014 | In 2013, Mauritius boosted trade with Zambia with 16% rise in exports to Rs 6.8 million, as the island has carved a niche as a well-known source market among Zambian importers. (Image: CHCL) In a major boost to the Extended Africa strategy of the island economy, Mauritius’ apex...
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Pan-African telco Internet Solutions to extend network by three points of presence

July 16, 2014 | Lesotho, Swaziland, and Malawi are the countries that have been provided with the new PoPs as the company wants to boost its capacity to support business in Africa. (Image: Mybroadband) Pan-African telecommunications services provider, Internet Solutions (IS), which is also pres...
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Higher a country’s income; higher the inequality: Southern African study

June 25, 2014 | The Gini indices for ten countries in Southern Africa shows a consistent pattern of economic growth co-existing side by side with growing levels of inequality. (Image: Health Technology Africa) The higher the country's income, the higher the levels of inequality, according to pre...
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Mauritius most peaceful country in Africa: Global Peace Index 2014

June 23, 2014 | Globally, nations spent an estimated $ 9.8 trillion, translating to around 11.3% of global GDP or twice the size of the African GDP, on containing and dealing with violence (Image: Speed Hotels) Mauritius is ranked first in Africa and 24th in the world on the global peace index ...
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IMF forecasts 3.7% growth for Mauritius in 2014 in latest global economic outlook

April 15, 2014 | The strengthening of the recovery from the Great Recession in the advanced economies is a welcome development, according to IMF staff. (Image: IMF) Mauritius is expected to grow at 3.7% in 2014 and 4% in 2015 and 2016 each, says the IMF’s latest World Economic Outlook (WEO) r...
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Food security a distant dream; can Africa ever feed Africa?

February 20, 2014 | The Africa Adaptation Gap Report by the UN Environment Programme (UNEP) forecast that, with warming of about 2 degrees Celsius, all crop yields across sub-Saharan Africa will decrease by 10% by the 2050s. (Image: AFHDR) Experts have forecast that Africa will be able to fulfil o...
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Mining Investment Guide: Eight South African countries in top 20

February 4, 2014 | South Africa, Zimbabwe, Namibia, Botswana, Mozambique, Zambia, Madagascar and Malawi figure among the top 20 “most exciting African mineral jurisdictions” (Image: Drives South Africa) South Africa, Zimbabwe, Namibia, Botswana, Mozambique, Zambia, Madagascar and Malawi figure ...
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Zambia makes ‘major economic strides’

August 12, 2013 |

Zambia has made significant strides in the improvement and stabilisation of the macro-economic environment to support industrial development, according to Bright Chunga, president of the Zambia Association of Manufacturers reports African Review.

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Lafarge Zambia cuts exports to meet local demands

August 5, 2013 |

African Review reported that cement company Lafarge had to cut its cement exports to the tune of 15% to meet the increased local demand triggered by a boom in the local construction industry

The company’s corpora...
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Zambian economist Moyo admits China’s importance to Africa

May 5, 2013 |

World renowned Zambian-born economist, and former Barrick Gold Director Dambisa Moyo, has commended China’s economic bilateral relations with Africa, and said the emerging economy is important to her continent.  “I am a big Sinophile because I recognize we need C...
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Zambian power company to establish hydro power project

May 3, 2013 |

Lufubu Power Company (LPC) in Zambia will establish a hydro power project in the country's Northern Province, which will be expected to help mitigate the Zambia's current power deficit. LPC will soon start carrying out a feasibility study for a possible development ...
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Chinese investment coming to Zambia

April 8, 2013 |

President Sata’s visit to China recently has borne fruits with Zambia and China signing six bilateral agreements that will bring extensive development in various sectors of the economy.  The agreements are a loan facility between Zambia and the China Development Ba...
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CNN and BBC to help market tourism in Zambia

April 6, 2013 |

Zambia has signed a deal with the British Broadcasting Corporation (BBC) and the Cable News Network (CNN) in which the two international news agencies will begin marketing tourism in Zambia ahead of this year's United Nations World Tourism Organisation (UNWTO) general...
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Mauritius and Zambia sign agreement

March 30, 2013 |

The Government of Mauritius and the Republic of Zambia signed an agreement recently with regards to the agreed areas of cooperation between the two countries during the 2nd session of the Zambia-Mauritius Joint Permanent Commission of Cooperation held this week in Mau...
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$60 million manganese smelter progressing

March 20, 2013 |

Construction of a US$60 million Zambia Manganese Corporation Smelter at Pansulo in Serenje has reached an advanced stage. Zambia Manganese Corporation Smelter general manager Leon Erasmus told the environmental impact assessment meeting held at Mupando Secondary Schoo...
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Canada signs FIPA Agreement between Cameroon and Zambia

March 5, 2013 |

March 5, 2013- The Honourable Ed Fast, Minister of International Trade and Minister for the Asia-Pacific Gateway, yesterday announced the conclusion of foreign investment promotion and protection agreement (FIPA) negotiations with Cameroon...
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Zambia’s Ndola Energy set to begin power generation

February 11, 2013 |

The Ndola Energy Company in Zambia has completed the installation of step-up transformers ready for...
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Zambia plan to launch multi-million dollar biogas project

February 9, 2013 |

Two private Dutch development agencies are set to implement a biogas programme in fi...
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Dangote starts construction of US$50 million power plant

February 9, 2013 |

Dangote Cement Zambia has launched the construction of a 30MW coal-powered electricity generation plant, worth US$50mn at its Ndola factory in Zambia...
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Lusaka approves $36m road reconstruction project

January 14, 2013 |

President Michael Sata

January 14, 2013 -The Zambian government has approved the KR187 million ($36 million) road improvement...
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Construction work at Nkumbula airport on course

January 12, 2013 | The construction of a new terminal building at Harry Mwaanga Nkumbula International Airport in Livingstone, Zambia, will be completed by May 2013 ahead of August's United Nations World Tourism Organisation (UNWTO) General Assembly, which will be co-hosted by Zambia and Zimbabwe.  According to proj...
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AfDB and Zambian government sign $55-Million loan agreement for Itezhi-Tezhi Hydropower Project

January 1, 2013 | 1st January 2013- The African Development Bank and the Government of the Republic of Zambia signed recently a loan agreement for US $55 million to support the Read More

Zambia Glencore mine, unions agree 10 % pay rise

December 30, 2012 | The management of Zambia’s Glencore copper mine and unions have agreed on a 10% wake hike for 2013 reports Reuters. The unions were initially demanding a 50% wage increase but they had to settle for only 10%. Source: Reuters Photo credit:
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Bank President commended for outstanding leadership

December 28, 2012 | 28th December, 2012- The Governor of the Bank of Zambia, Michael Gondwe, commended African Development Bank President Donald Kaberuka for his outstanding leadership and the Bank’s positive contribution to the economies of the continent.  Gondwe’s comments came during a Bank of Zambia...
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Equal Opportunities for Children Linked To Economic Growth in Zambia

December 13, 2012 | December 13, 2012 : The World Bank announced yesterday that Zambia’s economy is expected to grow by 7.3 percent in 2012, slightly higher than the 6.8 percent growth rate of 2011.  The economy has seen robust growth during 2012 in construction, transport and communication services, manufacturing, ...
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