Economy - Copperbelt Katanga Mining

President Tshisekedi and IMF Chief Discuss Reforms and Economic Stability in Washington 1

IMF Hails Reform Commitments After Meeting With President Tshisekedi in Washington During a working visit to the United States, President Félix Tshisekedi met on Thursday, December 4, 2025, with the Managing Director of the International Monetary Fund (IMF). The talks, described as a “fruitful exchange,” focused on the progress of the current economic program and the structural challenges facing the Democratic Republic of Congo. According to the head of the IMF, President Tshisekedi reaffirmed his determination to strengthen macroeconomic resilience, despite a difficult international environment and internal pressures linked to… Read More Here

Mining in Zambia Economy

Zambia Details Strategic Economic Recovery and Governance Reforms

November 30, 2025November 30, 2025 Constance

Zambia Restores Investor Confidence with Fiscal Discipline and Sovereign Credit Upgrades Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has detailed the country’s economic recovery trajectory, highlighting how years of fiscal instability, governance challenges, and unsustainable borrowing have been addressed to restore national credibility and investor confidence. In a national statement, Dr. Musokotwane emphasized that recent sovereign credit rating upgrades by S&P Global Ratings and Fitch Ratings were the result of deep institutional reforms, not temporary economic improvements. He noted that Zambia is emerging from a period of… Read More Here

Mining in DRC Economy

DRC Prime Minister Pledges Action on Domestic Debt Amid Economic Challenges

November 27, 2025November 27, 2025 Constance

DRC Domestic Debt Reaches $5.43B: Prime Minister Outlines New Repayment Plan The issue of domestic debt repayment was addressed on November 25, 2025, during the opening of Makutano 2025, themed “Contracts in Congo: Time for a Choice.” The event brought together political leaders and private sector representatives to discuss key drivers of economic development in the Democratic Republic of Congo (DRC). Responding to questions about whether the government would consider financial engineering to resolve a debt issue that has persisted for over two decades, Prime Minister Judith Suminwa Tuluka acknowledged… Read More Here

Mining in Zambia Economy News in Brief

IMF Forecasts 5.2% Growth for Zambia in 2025

November 22, 2025November 22, 2025 Constance

Zambia’s Economy to Grow 5.2% in 2025, Outpacing African Average, Says IMF The International Monetary Fund (IMF) has projected Zambia’s economy to grow by 5.2% in 2025, well above the 4.1% average expected for most African countries. The robust outlook is attributed to easing inflation, improved liquidity, strong investor confidence, sustained governance and fiscal reforms, and increased private sector participation. IMF Resident Representative Eric Lautier noted that Zambia’s growth was initially projected at 5.8% but was revised downward due to challenges in the energy sector affecting production capacity. Speaking during… Read More Here

Mining in Zambia Economy Governance

Zambia Welcomes Chinese Premier for Landmark Visit to Boost Investment and Economic Growth

November 19, 2025November 19, 2025 Constance

Chinese Premier Visits Zambia for First Time in 28 Years Amid Investment Push Zambia will this week host a Chinese premier for the first time in 28 years, a landmark visit signaling renewed international attention as the copper-rich nation emerges from a challenging financial period and positions itself for investment-led growth. According to Reuters, Beijing is eager to secure access to Zambia’s commodities and expand markets for Chinese exporters, moving swiftly to deepen bilateral ties. China’s Strategic Role in Zambia China remains Zambia’s largest official creditor, with $5.7 billion owed,… Read More Here

Mining in DRC Economy

DRC and UAE Forge Stronger Economic and Strategic Ties

November 19, 2025November 19, 2025 Constance

DRC and UAE Deepen Strategic and Economic Partnership: Key Agreements on Trade, Mining, Infrastructure, and Security The President of the Democratic Republic of Congo, Félix-Antoine Tshisekedi Tshilombo, received His Highness Sheikh Shakhboot Nahyan Al Nahyan, Minister of State and Minister of Foreign Affairs of the United Arab Emirates, on Sunday, November 16, 2025, at the African Union City. The meeting focused on advancing the economic and strategic partnership between the two nations. Held first behind closed doors before expanding to include both delegations, the discussions covered major issues at the… Read More Here

Mining in DRC Economy

IMF Projects Over 5% GDP Growth for DRC in 2025–2026 Amid Strong Mining Performance

November 8, 2025November 8, 2025 Constance

Democratic Republic of Congo Set for Robust 5% Growth in 2025–2026, Driven by Mining Sector and Inflation Control, Says IMF The Democratic Republic of Congo (DRC) is poised for continued economic expansion, with real GDP growth projected to exceed 5% in both 2025 and 2026, according to the latest forecasts from the International Monetary Fund (IMF). The IMF report highlights the resilience of the Congolese economy, which has managed to sustain positive growth despite ongoing security challenges in the eastern regions and significant fiscal pressures. Mining Sector Remains the Engine… Read More Here

Mining in Zambia Copper Economy

Zambia Copper Exports and Earnings Decline in September 2025

November 7, 2025November 7, 2025 Constance

Zambia Copper Exports and Earnings Drop in September 2025 Despite Rising Global Prices Zambia’s copper industry recorded a significant drop in export earnings and volumes in September 2025, according to the latest Zambia Statistics Agency (ZamStats) monthly trade briefing. Refined copper earnings fell 11%, from K 17.8 billion in August to K 15.9 billion in September, while export volumes dropped 15.1%, from 78.1 thousand metric tonnes to 66.3 thousand tonnes. This decline came despite rising global copper prices, highlighting potential production challenges within Zambia’s mining sector. Copper remains Zambia’s most important export,… Read More Here

Mining in Zambia Economy

IMF Praises Zambia’s Economic Progress Under Extended Credit Facility Programme

November 7, 2025November 7, 2025 Constance

IMF Commends Zambia’s Economic Growth and Reform Efforts Following ECF Review Mission An International Monetary Fund (IMF) mission has concluded its visit to Zambia after assessing the country’s progress under the Extended Credit Facility (ECF) programme. The mission, led by Ms. Mercedes Vera Martin, met with government officials, private sector representatives, civil society organisations, and development partners between 22 October and 4 November 2025. In a statement issued at the end of the visit, Ms. Vera Martin described discussions with the Zambian authorities as “constructive and productive,” highlighting the government’s… Read More Here

Mining in Zambia Copper Economy

Zambia’s Kwacha Strengthens on Higher Copper Exports and Improved Fiscal Discipline

November 2, 2025November 2, 2025 Constance

Rising Mining Exports Strengthen the Kwacha as Confidence Grows in Zambia’s Economic Policy Zambia’s mining exports have driven a surge in foreign exchange inflows, boosting demand for the Kwacha and strengthening the local currency against the US Dollar. As of the latest trading session, the Kwacha stood at K21.70 for buying and K22.13 for selling. Trade experts noted that the increase in copper output—the country’s top export—has played a major role in the currency’s appreciation. They also credited the government’s consistent fiscal management and clear economic direction for improving investor… Read More Here