Tanzania and the Democratic Republic of Congo (DRC) have agreed to allocate land for the development of dry ports in both countries, aiming to improve regional trade and logistics. The agreement was reached during bilateral meetings held in Lubumbashi from April 3 to 5, 2025. Under the deal, each countryContinue Reading
Following President Félix Tshisekedi’s 2023 visit to Botswana, a Congolese delegation led by Joëlle Kabena, Coordinator of the State Financial Support Project Management Unit for the Revival of MIBA Activities (UGP-MIBA), visited Gaborone from March 17 to 22, 2025. The mission aimed to draw lessons from Botswana’s world-renowned success inContinue Reading
LUSAKA – ZCCM Investments Holdings Plc (LUSE: ZCCM-IH) has notified its shareholders and the public about ongoing confidential arbitration proceedings initiated by Trafigura Pte Limited. The arbitration, filed under the London Court of International Arbitration (LCIA) Rules 2020 on February 24, 2024, follows a payment demand issued by Trafigura onContinue Reading
Zimbabwe’s deepening liquidity crisis is exacerbating the economy’s reliance on the US dollar, undermining the effectiveness of the gold-backed Zimbabwe Gold (ZiG) currency, introduced nearly a year ago. Launched on April 8, the ZiG was Zimbabwe’s sixth attempt since 2009 to establish a functional local currency, aiming to replace theContinue Reading
While others race to the moon and back, the Faroe Islands space program takes a bold new step in space exploration—without ever leaving Earth. One of the largest bearing manufacturers SKF, and ocean energy developer Minesto are launching a space program to harness the Moon’s energy by leveraging the powerContinue Reading
China Molybdenum Co. Ltd. (CMOC), a leading mining company, has achieved a remarkable milestone in 2024, with its operations at Tenke Fungurume Mining (TFM) and Kisanfu Mining (KFM) in the Democratic Republic of Congo (DRC) playing a key role in the company’s record growth. These achievements further cement CMOC’s positionContinue Reading
The Zambian government has praised First Quantum Minerals (FQM) for its continued efforts to advance gender equality within the mining sector, ensuring women and girls have equal opportunities to contribute to the nation’s economic growth. During the 2025 International Women’s Day celebrations, themed “For All Women and Girls: Rights. Equality.Continue Reading
DRC Gold Trading SA, a partnership between the Democratic Republic of Congo and the United Arab Emirates, has been forced to halt its operations due to increasing insecurity in the region, exacerbated by the occupation of parts of South Kivu by M23 rebels backed by Rwanda. Founded in January 2023,Continue Reading
Zambia has launched The Zambezi Minute, an ambitious initiative aimed at capitalizing on global demand for critical minerals while ensuring jobs, revenue, and sustainability for its citizens. A New Approach to Investment & Growth With a streamlined regulatory system, every policy will be assessed by a single guiding question: “DoesContinue Reading
Senior Congolese officials are set to visit Washington, D.C., for high-level talks on U.S.-DRC cooperation in strategic minerals, as announced by Aaron Poynton, President of the Africa-US Business Council. In a letter to Chris Smith, Chairman of the House Foreign Affairs Subcommittee on Africa, Poynton highlighted this visit as aContinue Reading
