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The International Monetary Fund warned that Zambia’s hard-won macroeconomic stability is facing renewed risk from a surge in pre-election spending and costly energy distortions, even as the southern African nation successfully consolidates its massive debt restructuring. Following a two-week mission to Lusaka led by Edward Gemayel, the Washington-based lender signaled …

Shuka Minerals Ltd. completed its fifth drill hole at the Kabwe Zinc Mine in Zambia, intercepting high-grade mineralization at depth even as complex underground conditions caused drilling deviations. The London- and Johannesburg-listed explorer reported a 100% hit rate for its Phase 1 drilling program at the site’s No. 2 ore …

…Mwanawasa coopted into the board Strategic advisory and advocacy organization, Critical Minerals Africa Group (CMAG) has appointment of three leaders to its Advisory Board: Ambassador (ret.) Reuben E. Brigety II, President of Busara Advisors; Chipokota Mwanawasa, Policy Advisor to the President of Zambia and Deputy Head of the Presidential Delivery …

Africa’s energy landscape is undergoing a fundamental transformation. In 2025, Standard Bank’s financing for renewable energy power generation outpaced that for non-renewable power generation by a ratio of 8:1, signalling a shift towards cleaner and more sustainable energy systems across the continent. With nearly 600 million people across Africa still …

Scania’s dual-mode production strategy reflects a cautious hedge against uneven EV adoption rates in European heavy freight Scania is to invest €70m (US$81.2m) in its Angers production site in France, extending the facility and adapting assembly lines to enable electric truck production alongside combustion engine output. The investment strengthens Scania’s …