Zambia, Africa's second-largest copper producer after the DRC, is working to increase its copper exports and revenues as new deposits are discovered.
Zambia’s copper production is expected to rise by 40%, reaching one million tonnes by 2027, up from about 700,000 tonnes in 2023. The figures are under the government's Medium Term Budget Plan for 2025-2027.
According to Zambian authorities, this surge will be spurred by resolving issues at major mines, launching production at new deposits, and expanding production at existing mines.
Last year, Zambia's copper production hit a fourteen-year low, mainly due to frequent changes in mining taxes and conflicts between mining companies and the previous government. Copper is crucial for the energy transition, and it makes up about 70% of Zambia's export earnings.
China says Premier Li Qiang will attend instead of President Xi Jinping The U.S. and Russia also ...
DRC minister visited Huawei China center to boost AI training cooperation Talks focused on launch...
Powered exclusively by Rolls-Royce Trent 7000, delivering 14 % lower fuel burn per seat and f...
Nigeria’s NIP ranks among the world’s largest real-time payment platforms, underscoring its centra...
After two years of limited testing, WhatsApp will soon let users and businesses hide their phone num...
The NICTBB backbone already covers 78% of Tanzania and receives 73 billion TZS (≈ USD 30 million) for its next expansion phase. Tanzania is...
ECOWAS launched the second phase of PAMCIT to expand training in translation and conference interpreting. The global market for professional...
Germany, Norway and CAFI jointly committed $87 million to Canopy Trust as first-loss capital at COP30. The initiative aims to attract at...
(MCB) - The Mauritius Commercial Bank Limited (“MCB”) has successfully granted a strategic financing package to Invictus Investment Company PLC (ADX:...
Orange Egypt and Qatar’s Qilaa International Group have partnered to develop WTOUR, a digital platform offering trip planning, hotel bookings, local...
Singita will invest $60m to build a 60-bed lodge on Santa Carolina Island and $42m in projects across the Bazaruto Archipelago. The...