More News & Articles

EPC Contract Signed for the Nabeba Railway in Congo

Congo Iron SA and Mota‐Engil Africa, a subsidiary of Sundance Resources, have signed the Engineering Procurement and Construction (EPC) contract for the 52km section of the Nabeba‐Mbalam railway line to be built in the Republic of Congo (Congo‐Brazzaville) which will connect the Nabeba mine to the Cameroon railway. International engineering …

Read More »

The road to the future, or is it?

Article by Boniface Mwila The business community in Zambia has clearly been dismayed by recent electricity price increases, but it is comforting to know that the hikes are part of a plan to upgrade the energy infrastructure more generally. My last column highlighted the power generation deficit in Zambia, which is …

Read More »

Ethiopian Gold earnings drop 30 percent

Earnings from proceeds of gold sales in Ethiopia, one of Africa’s leading producers of the metal dropped 30% as global market demand slumped, according to a report. The ministry of trade in Ethiopia said the slump in gold production has resulted in the north African state earning a paltry US$369.31 …

Read More »