Africa News China to continue co-operation to facilitate Zambia’s debt restructuring Aya Anwar Mar 26, 2024 0 China will continue cooperating with all sides to advance Zambia's debt restructuring, a foreign ministry…
Africa News Africa’s debt to remain above pre-pandemic levels through ’25 – UN official Aya Anwar Feb 28, 2024 0 Africa's public debt is projected to remain elevated above pre-pandemic levels in 2024 and 2025, with numerous…
Banks Zambia central bank hikes rates to 12.5% Nada Ali Feb 14, 2024 0 Zambia's central bank has raised its benchmark lending rate by 150 basis points to 12.5 per cent, for the fifth…
Featured Bill Gates, Jeff Bezos-backed KoBold Metals to develop Zambian copper mine Aya Anwar Feb 5, 2024 0 KoBold Metals which is based in California announced that it may consider partnerships to expedite the development…
Featured World Bank approves $125mln loan for Zambia Nada Ali Dec 24, 2023 0 The World Bank Executive Board approved on Saturday a $125 million loan for Zambia, in a step to restore…
Africa News Afreximbank signs €175mln with Mota-Engil Africa Nada Ali Nov 12, 2023 0 The African Export–Import Bank (Afreximbank) has signed on Sunday a dual tranche term loan facility worth €175…
Tech/AI Egypt exports pharma supplies worth $24mln to Zambia Mennatullah Hamzawy Oct 24, 2023 0 The Egyptian Authority for Unified Purchasing (UPA) supplied Zambia with pharmaceutical supplies valuing $24…
Sports Salah joins Egypt’s national team camp in UAE Nada Ali Oct 11, 2023 0 Egypt’s football star Mohamed Salah joined the Egyptian national team camp in the UAE as they prepare for the World…
Africa News IMF ‘hopeful’ Zambia to unveil debt deal with creditors before Oct. 12 Yomna Yasser Oct 9, 2023 0 The International Monetary Fund (IMF) is “hopeful” that Zambia and its official creditors would unveil a finalised…
Africa News Zambia’s ZACCO: new administrative capital reflects Egyptian companies’ strong potentials Esraa Ibrahim Jun 20, 2022 0 The new administrative capital is a testament to the Egyptian construction companies’ strong potentials and…