HARARE – Zimbabwe is forecasting a strong economic growth rebound, expecting a rise to 6 percent in 2025, up from just 2 percent this year. The recovery will be driven by improved agricultural performance and enhanced power generation, following the impacts of a severe drought, according to Finance Minister MthuliContinue Reading
President Hakainde Hichilema has completed a fruitful working visit to Japan, aimed at attracting investment to spur Zambia’s economic growth and enhance the well-being of its citizens. The visit included a key meeting with Japanese Prime Minister Shigeru Ishiba and participation in a business forum showcasing Zambia’s investment potential. InContinue Reading
Kizito Pakabomba, Minister of Mines for the Democratic Republic of Congo (DRC), has strongly condemned the ongoing exploitation of his country’s mineral resources by Rwanda, allegedly under the guise of the M23-AFC rebel group. Speaking at the Mining Indaba in Cape Town, South Africa, on February 2, Pakabomba labeled Rwanda’sContinue Reading
Industrial Resources Limited (IRL), a subsidiary of Zambia’s Industrial Development Corporation (IDC), has entered into a strategic partnership with Barrick Gold Corporation, a global mining leader, to drive exploration and development in Zambia’s thriving mining sector. The collaboration aims to unlock Zambia’s rich mineral resources, support the country’s mining growthContinue Reading
DRC Gold Trading, formerly known as Primera Gold, has set an ambitious goal of purchasing 16 tonnes of gold in 2025, with a long-term objective of generating $12 billion for the Democratic Republic of Congo (DRC) over the next five years. During a press interview over the weekend, CEO JosephContinue Reading
Jubilee Metals has restarted operations at its Roan copper facility in Zambia following the restoration of stable power. With production back on track, the company is now accelerating output by prioritizing the processing of newly secured high-grade copper feed. Strategic Shift to High-Grade Copper After power outages disrupted operations inContinue Reading
The Democratic Republic of Congo (DRC) generated $409 million from tin concentrate exports between January and September 2024, according to a report from the Technical Unit for Coordination and Mining Planning (CTCPM) under the Ministry of Mines. Industrial Mining Leads the Way In Q3 2024, industrial mining dominated tin exports,Continue Reading
The Democratic Republic of Congo (DRC) has urged the European Union (EU) to immediately suspend all cooperation with Rwanda, particularly in the trade of strategic minerals like coltan, which the DRC claims Rwanda illegally exports to EU member states. Congolese Minister of Foreign Affairs, Thérèse Kayikwamba, made this demand duringContinue Reading
Zambia made an unforgettable impression at the 2025 Mining Indaba, showcasing its growing influence in the mining sector with a packed Country Showcase that captured global attention. As Africa’s second-largest copper producer and a rising leader in critical minerals like cobalt and lithium, Zambia is positioning itself as an unparalleledContinue Reading
At the 31st edition of the Investing in African Mining Indaba, held on February 3, 2025, Democratic Republic of Congo (DRC) Prime Minister Judith Suminwa Tuluka strongly criticized the international community’s failure to address the ongoing exploitation of Congolese mining resources, which continues to fuel armed conflicts in the easternContinue Reading
