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DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages 1 Mining in DRC Electricity Mining in Zambia 

DRC Weighs Stake in $270M Zambia Power Link to Ease Mining Energy Shortages

Constance
DRC Considers Equity in Zambia Power Project to Boost Copper Output and Tackle Energy Deficit The Democratic Republic of the Congo is considering taking an equity stake in a $270 million cross-border electricity project with Zambia, as persistent power shortages threaten production in one of the world’s most important copper regions. According to the finance ministry, the proposed investment would give Kinshasa a direct role in developing a 200-kilometre high-voltage transmission line linking Kalumbila in northwestern Zambia to Kolwezi, the heart of Congo’s copper belt. The line is expected to… Read More Here
DRC Accelerates Energy Sector Reforms with New Projects and World Bank Funding 2 Mining in DRC Energy 

DRC Accelerates Energy Sector Reforms with New Projects and World Bank Funding

Constance
DRC Secures $250M World Bank Funding, Advances Power Projects to Boost Electricity Supply The Democratic Republic of the Congo is intensifying efforts to transform its energy sector through new infrastructure projects and strategic financing aimed at expanding electricity access and supporting economic growth. Speaking before the ATI-NTIC Commission of the National Assembly, Aimé Sakombi Molendo, Minister of Hydraulic Resources and Electricity, highlighted key progress, including the commissioning of the Kakobola hydroelectric power plant and the mobilization of major development funding. A cornerstone of this strategy is the approval of $250… Read More Here
BGFIBank Engages Industry Leaders at First Mining Summit Tech in Kolwezi 3 Mining in DRC Events & Expos 

BGFIBank Engages Industry Leaders at First Mining Summit Tech in Kolwezi

Constance
BGFIBank Launches Innovative Financing Solution for DRC Mining Subcontractors at Mining Summit Tech 2026 BGFIBank participated in the first edition of Mining Summit Tech 2026, held on April 30, 2026, at the Congress Village in Kolwezi, Lualaba Province. The summit, focused on mining sovereignty and technological transformation, brought together industry leaders, mining operators, and digital sector stakeholders to explore the role of innovation in the sector. Introducing BGFIMines Flex During the event, BGFIBank RDC introduced BGFIMines Flex, a financing solution designed to address the operational needs of mining subcontractors by… Read More Here
Jubilee Metals Reports Strong Copper Output Growth as Zambia Expansion Gains Momentum 4 Mining in Zambia Copper Corporate News 

Jubilee Metals Reports Strong Copper Output Growth as Zambia Expansion Gains Momentum

Constance
Jubilee Metals Boosts Copper Production by 29% Amid Roan Ramp-Up and Molefe Mine Expansion Zambia-focused copper producer and resource developer Jubilee Metals has reported a 28.7% year-on-year increase in total saleable copper production, reaching 2,177 tonnes for the nine months ended March 31. Output from the Roan concentrator surged to 1,999 tonnes of copper units, marking a 112.7% increase compared with the same period last year. At the Sable refinery, copper cathode production rose to 957 tonnes, up from 751 tonnes recorded in the corresponding period of 2025. Commissioning of… Read More Here
ARSP Urges Stronger Local Transformation Agenda at Lualaba Mining Tech Summit 5 Mining in DRC Events & Expos Technology & Innovation 

ARSP Urges Stronger Local Transformation Agenda at Lualaba Mining Tech Summit

Constance
DRC Launches Mining Tech Summit to Boost Local Value, Innovation, and Digital Mining Economy The Lualaba province in the Democratic Republic of Congo hosted the first edition of the Mining Tech Summit, focusing on mining sovereignty and the integration of technology into the extractive sector. The event brought together public and private stakeholders to explore ways to modernize and transform the country’s mining industry. Organized by the Ministry of Digital Economy, the Ministry of SMEs, the Regulatory Authority for Subcontracting in the Private Sector (ARSP), the Lualaba provincial government, and… Read More Here
Zambia Reaches 80% Financial Inclusion as Digital Services Drive Growth 6 Mining in Zambia Economy 

Zambia Reaches 80% Financial Inclusion as Digital Services Drive Growth

Constance
Zambia Hits 80% Financial Inclusion in 2025 FinScope Survey, Driven by Mobile Money and Digital Finance Expansion Zambia has reached a significant milestone in financial inclusion, with 80% of adults now accessing formal and informal financial services, according to the 2025 FinScope Survey released by Bank of Zambia Governor Denny H. Kalyalya. Speaking at the official launch, Dr. Kalyalya described the FinScope Survey as a critical “system-level diagnostic” that provides insight into how individuals and households access, use, and experience financial services in an increasingly digital economy. The results reflect… Read More Here
Zambia Signs $246 Million Solar Investment Deal to Expand Nambala Power Project 7 Mining in Zambia Energy 

Zambia Signs $246 Million Solar Investment Deal to Expand Nambala Power Project

Constance
Zambia Secures $246M Solar Investment as Nambala Project Expansion Targets 350MW Capacity The Zambia Development Agency (ZDA) and Sunshare Energy Limited (SEL) have signed a $246 million Investment Promotion and Protection Agreement (IPPA) to expand the Nambala Solar Power Plant in Mumbwa, in a move aimed at accelerating Zambia’s renewable energy development. The agreement supports Phase II of the project, which will add 250 megawatts (MW) to the existing facility. This follows Phase I a 100MW installation valued at $54 million bringing the plant’s total planned capacity to 350MW and… Read More Here
Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting 8 Mining in Zambia Angola Governance Infrastructural Development 

Angola and Zambia Reaffirm Security and Economic Cooperation at Joint Defence and Security Meeting

Constance
Angola, Zambia Strengthen Defence and Trade Cooperation, Advance Lobito Corridor and Border Infrastructure Plans The Republic of Angola has reaffirmed its commitment to strengthening bilateral relations with Zambia, with a focus on regional stability, good neighbourliness, and expanded strategic cooperation. The position was outlined during the official opening of the Ministerial Meeting of the 34th Angola–Zambia Joint Permanent Commission on Defence and Security held in Luanda. Angola’s Minister of Foreign Affairs, Téte António, said Angola’s foreign policy remains anchored in dialogue, mutual respect, and collaboration with neighbouring states. He described… Read More Here
Zambia Addresses US Ambassador’s Remarks, Points to Mining Revival and Economic Growth 9 Mining in Zambia Economy Governance 

Zambia Addresses US Ambassador’s Remarks, Points to Mining Revival and Economic Growth

Constance
Zambia Addresses Outgoing US Ambassador’s Remarks, Outlines Position on Bilateral Relations The Government of the Zambia has issued a firm response to remarks made by outgoing United States Ambassador Michael Gonzales, describing his statements as “deeply regrettable, undiplomatic, and inconsistent with the principles of mutual respect” that underpin international relations. Speaking at a press briefing in Lusaka, Minister of Foreign Affairs and International Cooperation Mulambo Haimbe said the government took “serious exception” to comments made during the ambassador’s farewell reception on April 30, 2026. The government argued that the remarks… Read More Here
Mixed Commodity Trends in DRC as Global Mining Prices Show Broad Decline 10 Mining in DRC Economy 

Mixed Commodity Trends in DRC as Global Mining Prices Show Broad Decline

Constance
DR Congo Mining Export Prices Fall in Early May 2026 as Gold, Copper Drop While Nickel and Germanium Rise Export prices for mining commodities from the Democratic Republic of the Congo recorded an ընդհանուր downward trend on international markets during the period of May 4–9, 2026, reflecting softer global demand across several key resources. Among the hardest-hit commodities, gold posted a notable decline, falling from $155.28 to $151.79 per gram. Copper the country’s primary export also edged lower, decreasing from $13,177.50 to $13,102.50 per ton. Zinc followed a similar trajectory,… Read More Here

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