China inks deal to revamp Mao-era railway in Zambia
China signed on Wednesday an agreement to revamp the Tazara railway, a vital transportation link between Zambia and…
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Zambia
Zambia mulls 156% electricity tariff hike
Zambia's Energy Regulation Board is evaluating a proposal from Zesco Ltd., the state-owned power utility, to raise…
Zimbabwe growth downgraded as severe drought weighs on
Zimbabwe has downgraded its 2024 economic growth forecast to 2 per cent from 3.5 per cent, due to an El…
CR20 completes key Malawi railway bridge
China Railway 20th Bureau Group (CR20) has completed the longest bridge on the 72-km railway line from Marka, near…
Sri Lanka reaches agreement to restructure $12.6b in bonds
Sri Lanka has reached an agreement to restructure $12.6 billion in bonds, moving closer to finalising its debt…
IMF approves additional funds for Zambia
The IMF Executive Board has completed the third review of Zambia's 38-month Extended Credit Facility (ECF) and…
Zambia to establish new mineral investment entity
Zambia is gearing up to establish a fresh entity dedicated to investment and trading in minerals, aiming to…
Africa’s economies to grow 3.7% in ’24, 4.3% in ’25 – AfDB chair
Africa's economic growth is poised to accelerate to 3.7 per cent this year and 4.3 per cent next, up from 3.1 per…
Zambia’s debt restructuring gains momentum
Zambia has made significant strides towards resolving its financial crisis, with over 90 per cent of its $3 billion…
Zimbabwe approves Musk’s Starlink
Zimbabwe's telecommunications regulatory authority has approved Elon Musk's Starlink, the satellite arm of SpaceX,…
