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Zambia Lights Up Coal Option as Hydropower Dries Up

Zambia is gambling on a controversial solution to its crippling power outages – a new coal-fired power plant. The green light was given by the Energy Regulation Board for a 300-megawatt facility in the south, doubling the capacity of an existing coal plant. This decision comes as the nation grapples …

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CEC invest in healthcare services for children

The Copperbelt Energy Corporation (CEC) has invested seven million Kwacha in healthcare to enhance Kitwe Teaching Hospital with a new paediatric ward and ICU.   CEC handed over the refurbished Luntembwe paediatric ward and newly constructed Intensive Care Unit (ICU) at Kitwe Teaching Hospital to improve the delivery of healthcare …

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Stalled Talks: UAE’s Bid for Zambian Copper Riches Hits a Wall

The scramble for Africa’s vast copper resources took a surprising turn this week as talks between the United Arab Emirates’ (UAE) International Resources Holding (IRH) and Vedanta Resources Ltd. collapsed. The breakdown in negotiations cantered around Vedanta’s prized Konkola Copper Mines (KCM) in Zambia, a copper behemoth that has attracted …

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Mastercard sponsor AFSIC – Investing in Africa to prop up Africa’s SMEs

…across agriculture, climate adaptation and digital economy sectors AFSIC – Investing in Africa aims to partner with companies to accelerate Africa’s economic emergence by matching investment opportunities in Africa transforming Africa’s business, trade and investment environment. The decision is also an endeavor to sustainably grow Africa’s economy and increase African …

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