Courtesy of The Africa Report, an article on Zambia’s search for Western financiers for EV battery project with DRC: Zambia says it will seek Western lenders for its plans to partner with the Democratic Republic of Congo (DRC) to jointly start producing electric vehicles batteries and cement a firm position in the global supply chain. The mineral-rich […]
Read more »Via The Africa Report (subscription required), an article on Zambia’s hopes that new UAE cooperation will revive its solar dreams: Drought-prone Zambia hopes the $2bn direct investment from the UAE will help to reboot its quest for more renewable power sources after previous similar attempts in cooperation with the World Bank and China stagnated on […]
Read more »Via Reuters, a report on the first significant direct American investment into the Zambian mining sector in more than 30 years, a project which President Hakainde Hichilema says will reset Zambia’s relationship with China and the US for the country’s benefit: California-based exploration firm KoBold Metals, which uses artificial intelligence and machine learning to identify battery […]
Read more »Via Quartz Africa, an article on Zambia’s efforts to control inflation and strengthen its currency When he first came into office, almost a year ago, Zambia’s new president was ridiculed by skeptics who called him, “the calculator boy,” for his strong focus on the economy and his background as an accountant. Looking back now, it’s evident […]
Read more »Via Rest of World, a report on efforts to transform Zambia into Africa’s low-tax startup hub: Flutterwave and Chipper Cash, two of Africa’s most valuable tech companies, are part of a new group leading efforts to turn Zambia into a business haven for the continent’s startups, according to startup founders involved in the plans. The Zambia […]
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