Behind the scenes of Vedanta's skirmish with Hichilema
After lengthy, tense talks with the government, the British-Indian billionaire Anil Agarwal is once again in charge of Konkola Copper Mines via his conglomerate Vedanta Resources. The metal king used every ounce of his political and financial sway to return to the helm of one of the most strategic copper mines in the world.
China invests $1.3bn in the Copperbelt to safeguard its partnership with Lusaka
State-owned China Non-Ferrous Metals Mining Corp plans to invest heavily in its Zambian subsidiary, NFC Africa Mining, which operates the Chambishi Mine in northern Zambia. This investment is designed to preserve its special relationship with Lusaka.
Hichilema to compensate opposition militants for unlawful detention
No fewer than 1,000 supporters of the United Party for National Development (UPND), Zambian President Hakainde Hichilema's party, look set to receive financial compensation for unlawful detention.
Saudi Arabia lays groundwork for embassy openings in SADC
The majority of UAE embassies to be opened in 2024 in Africa will be located in the Southern African Development Community.
Junior minister Zacharopoulou to visit Maputo, Lusaka and Lilongwe
France's Minister of State for Development, the Francophonie and International Partnerships Chrysoula Zacharopoulou will be touring Southern Africa in mid-December.
Russian diamonds row paralyses Kimberley Process annual meeting
The annual meeting of the international certification body was split on whether or not Russian diamonds should be considered as conflict diamonds. The stalemate prevented the organisation from appointing a new secretary general and setting up its secretariat in Gaborone.
Claudia da Conceicao, the woman behind IFC's Southern Africa goals
The International Finance Corporation, the World Bank's private sector arm, wants to build its presence in Southern Africa to counter Chinese influence and win new projects in the region. To that end, it has called on banking sector veteran, Claudia da Conceicao.
Abdoulaye 'Gounass' Ndiaye's mysterious Dubai emerald auction
Senegalese billionaire Abdoulaye "Gounass" Ndiaye recently held a discreet, four-day auction sale of Zambian diamonds in Dubai.
Critical minerals: EU deepens ties with Windhoek and woos Kinshasa
The European Commission and Namibia have approved a raft of joint projects, 10 months after signing a framework cooperation agreement in mining and industry. In addition, the EU is also in talks with further countries.
Zambia eyes up Sonangol's future Lobito refinery
Zambian Energy Minister Peter Kapala and Bradford Machila, adviser to President Hakainde Hichilema, were on a trip to Angola mid-July to study the possibility of Lusaka's participation in Sonangol's refinery project at Lobito.
Zambia, Tanzania and DRC prepare for tough negotiations on TAZARA train line
Plans to renovate the international train line built by China in the 1970s have returned to the fore since Samia Suluhu Hassan came to power in Tanzania. Beijing is keen to get the new contract, but governments in the region are wary about the terms it is seeking.
Berlin provides €2m for green consulting
L'agence de développement allemande GIZ multiplie les financements de contrats de "consulting vert" à destination de pays d'Afrique australe. En avril, elle a débloqué quelque 2,2 millions d'euros pour des projets sur les terrains botswanais et surtout zambien.
Ruto wants to place Kenya at heart of future Cape-to-Cairo free trade zone
The Kenyan president has proposed that his country host the headquarters of the proposed Tripartite Free Trade Area, which, once three more states ratify a deal struck in 2015, will group 29 African countries.
TotalEnergies, Maurel & Prom and Perenco to attend African Energy Chamber forum
Africa's main oil lobby, run by lawyer NJ Ayuk, will organise its next Invest in African Energy Forum in Paris. The event is scheduled for 1 June.
Macron seeking to include African leaders at global financial pact summit
French President Emmanuel Macron is looking to involve a slate of African leaders at the Summit for a New Global Financial Pact that he is hosting in June.
Harare acts to get back on the lucrative Durban-Copperbelt freight route
The opening of the Kazungula Bridge, which connects Zambia to Botswana, has robbed Zimbabwe of its status as a key gateway between the port of Durban and the Copperbelt. Deprived of significant revenue, Harare is preparing its counter-attack with the help of a handful of bankers.
Hichilema set to meet Macron in Paris
The French government is currently planning for an official visit to Paris by the Zambian head of state, Hakainde Hichilema.
NAC prepares for battle over ex-foreign minister Malanji's helicopters
The commercial aviation company National Airways Corp is preparing to contest a preservation order granted to the South African prosecution service for two helicopters acquired illegally by Joseph Malanji. It claims that upgrades costing €800,000 were never paid for.
US vanilla importers battle for lower minimum price
The new US ambassador to Antananarivo has made herself the spokesperson in Madagascar for her country's vanilla importers, who view the obligatory minimum price for the spice as much too high and have boycotted the sector in protest.
President Hichilema pampered by Biden administration in Washington
Zambian President Hakainde Hichilema has been lauded for reforms aimed at turning his country around and has won US support on several fronts. In exchange, Washington wants to secure a supply line for electric vehicle batteries.
Lychee trade hit by corruption allegations
Madagascan lychee exporters have lodged a complaint against the local branch of Transparency International, which has accused them of corruption. The affair, in which France's Compagnie fruitière and the Belgian firm Greenyard are implicated, is being followed closely by Western embassies.
Bertolino Miranda Ferreira to take up military attaché duty in Maputo
After three years coordinating Portugal's contribution to combating the insurrection in Cabo Delgado, the navy commander Paulo Gonçalves da Silva is preparing to make way for the air force officer Bertolino Miranda Ferreira at Portugal's embassy in Mozambique.