Kazungula Bridge is a road and rail bridge constructed over the Zambezi River between Zambia and Botswana at Kazungula. Its completion is largely expected to divert traffic passing through Beitbridge to the Democratic Republic of Congo and Malawi, constricting the country’s revenue base. The US$259,3 million project was mulled in August 2007 by the governments
The project to transport electricity from the future Nachtigal hydroelectric power station (420 MW), in the Central region of Cameroon, to the West has just undergone a financial development. President Paul Biya signed a decree authorizing the Minister of Economy to sign a loan agreement worth $164.69 million (about CFA97.8 billion) with the Export-Import Bank
Dr Akinwumi Adesina, the president, African Development Bank (AfDB), says the bank has secured 15.6 billion dollars investment for the construction of the Lagos-Abidjan highway. He said that the investment would strengthen regional trade and integration in West Africa by linking the hinterlands of different Participating Member Countries (PMCs). The president said that the investment
By Conrad Onyango One of the copper industry’s most influential players has called the moment an “inflection point” for the metal, as Africa sees a surge of investment and renewed interest in copper mining and processing. High global copper prices and rising demand are reigniting investment in exploration in Africa’s copper hotspots, with the DRC and
President of the Republic of Zambia, Mr Hakainde Hichilema officiated at the event and unveiled the plaque of this iconic, energy-efficient building located in the new business district of Lusaka, Zambia. Speaking during the event, Sunil Kaushal, Regional CEO Africa and Middle East region for Standard Chartered Bank, re-affirmed the Bank’s continued commitment to
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