News

Maamba Solar Energy Limited has launched the construction of a 100 megawatt (MW) solar power plant in Maamba, described as a ‘game-changing’ step towards ending the power crisis and advancing climate and energy goals in the Southern Province. Attended by government officials, investors, community leaders and residents the groundbreaking ceremony …

A group of 50 farmers and three non-governmental organizations have filed a lawsuit against Chinese state-owned firm Sino-Metals Leach (SML), seeking $220 million in damages following a massive acidic spill in February. The lawsuit, filed in a Zambian court, alleges that the company’s waste storage facility near the town of …

First Quantum Minerals (FQM) is investing in Zambia’s energy infrastructure to support the nation’s target of producing 3 million tonnes of copper annually while strengthening power supply for national development. Speaking at the 2025 Energy Forum for Africa, FQM’s Infrastructure Lead for Zambia, Jed Goldstein, said the company is pursuing …

Indus Towers Limited today announced that its Board of Directors, at a meeting held earlier in the day, reviewed and deliberated on strategic opportunities to expand the Company’s footprint across select international markets. Recognizing the growth potential in emerging geographies, the Board has approved the Company’s foray into African markets, …

Sarens, a global leader in heavy lifting and engineered transport, has been recognized for its work in southern Africa, receiving the Excellence in Engineering and Best Project of the Year awards at the recent Lifting Africa Awards. The awards highlight the company’s commitment to safety, sustainability, and technical innovation within …

As the global demand for critical minerals accelerates, the continent’s role is shifting from resource supplier to indispensable partner in powering the energy transition, industrial growth, and global security. The time to elevate Africa’s position on the world stage is now.   This was the call to action at a …

Residents affected by a large-scale toxic spill at a Zambian mine in February have demanded $420 million in compensation from the Chinese state-owned company that operates the site. The claims follow reports that the disaster may be one of the worst of its kind globally. Two separate legal firms representing …

As Zambia navigates its dual role as a copper-rich mining hub and a nation grappling with persistent power challenges, the inaugural Commercial + Industrial (C&I) Energy and Storage Summit has become a crucial forum for industry leaders to address the country’s energy future. Held at the Pamodzi Hotel, the event, …

Critics have recently argued that Zambia is being left shortchanged by mining giant Barrick, as the country has failed to secure equitable benefits compared to its regional peers. In 2024, Barrick generated US$1.063 billion in revenue from its Tanzanian operations, recording an EBITDA margin of 52% and paying US$95 million …

AFSIC – Investing in Africa 2025, the premier investment event for Africa is expected to gather over 1300 top-tier executives and investors for two high impact days of investment deals, strategic networking, and insight-driven sessions. With institutional investors controlling more than $1 trillion in assets under management confirmed to attend, …