Economy - Copperbelt Katanga Mining

Zambia to Open Talks on New IMF Programme After August Elections 1

Zambia to Begin New IMF Programme Negotiations After August Vote as Post-Default Reforms Continue Zambia will begin negotiations on a new economic programme with the International Monetary Fund (IMF), but a final agreement is expected only after the country’s August general elections. Finance Minister Situmbeko Musokotwane said discussions would commence “almost immediately,” offering the clearest timeline yet from Lusaka. However, he indicated that the IMF prefers to conclude agreements with administrations that have a full electoral mandate to implement reforms. “The IMF would like to negotiate with a government that… Read More Here

Mining in Zambia Economy Events & Expos

Zambia Showcases Economic Recovery and Reform Agenda at 2026 Mining Indaba

February 16, 2026February 16, 2026 Constance0 comment

Zambia Highlights IMF Programme Success, $12bn Mining Investment and Copper Growth at 2026 Mining Indaba Situmbeko Musokotwane, Zambia’s Minister of Finance and National Planning, described President Hakainde Hichilema’s address at the 2026 Investing in African Mining Indaba as a strong endorsement of the country’s economic recovery and a clear roadmap for partnership-led growth. In a fiscal and macroeconomic assessment of the President’s speech, Dr Musokotwane said the address delivered shortly after Zambia concluded its International Monetary Fund Extended Credit Facility (ECF) Programme in January 2026 underscored the importance of macroeconomic… Read More Here

Copper Economy Events & Expos

CEC Urges $12bn Energy Investment to Power Zambia’s 3 Million Tonnes Copper Production Goal

February 16, 2026February 16, 2026 Constance0 comment

Zambia Needs $12 Billion in Power Investment to Achieve 3 Million Tonnes Copper Target, Says CEC Copperbelt Energy Corporation Plc (CEC) Managing Director Owen Silavwe has called for accelerated private-sector investment in Zambia’s power sector, warning that expanded energy infrastructure is essential to achieving the country’s target of producing three million metric tonnes of copper annually by 2031. Speaking at the Zambia Country Showcase during the Investing in African Mining Indaba in Cape Town, Silavwe commended the government’s reform agenda, noting that recent policy measures in the mining and energy… Read More Here

Mining in DRC Copper Economy

Copper Prices Rebound as Global Demand Strengthens and DRC Eyes Strategic Gains

February 10, 2026February 10, 2026 Constance0 comment

Copper Prices Recover in Early 2026 as Demand from Energy and Digital Sectors Accelerates After several weeks of decline, copper one of the Democratic Republic of Congo’s (DRC) most important mineral exports is showing a clear recovery on international markets at the start of February 2026. According to projections from the National Market Commission of the Congolese Ministry of Foreign Trade, copper prices are expected to average USD 13,347.90 per tonne for the period from February 9 to 14, 2026, up from USD 12,943 per tonne the previous week. This… Read More Here

Mining in DRC Economy

DRC Mineral Prices Rise Sharply at Start of February, with Copper as the Sole Exception

February 2, 2026February 2, 2026 Constance

DRC Mineral Prices Increase in Early February 2026 as Global Demand Strengthens, Ministry Data Shows Mineral prices in the Democratic Republic of Congo (DRC) recorded a broad upward trend at the beginning of February, according to market data released by the Ministry of Foreign Trade on Monday, February 2, 2026. Nearly all major commodities posted gains, underscoring sustained demand on international markets, with copper standing out as the sole exception. Copper, a pillar of the Congolese mining sector, experienced a slight decline, with its price easing from USD 13,031.40 to… Read More Here

International Economy

Africa Becomes Net Debt Repayer to China as Lending Strategy Shifts

January 30, 2026January 30, 2026 Constance

China Scales Back Africa Lending as Debt Repayments Overtake New Loans After two decades of heavy financing, the financial relationship between China and Africa has entered a new phase, marked by a sharp reversal in capital flows. Africa is now a net payer to China, repaying more in debt service than it receives in new Chinese loans. According to The Great Reversal, a report published on January 27 by ONE Data (ONE Campaign), net financial flows from China to Africa fell dramatically from $30.4 billion between 2010 and 2014 to… Read More Here

Copper Economy Mining in DRC

DRC to Export 100,000 Tonnes of Copper to the United States in Strategic Trade Shift

January 30, 2026January 30, 2026 Constance

DRC Confirms 100,000-Tonne Copper Export to U.S., Signalling New Investment and Trade Strategy The Democratic Republic of Congo (DRC) has confirmed plans to export 100,000 metric tonnes of copper to the United States by the end of January, marking a significant shift in the country’s minerals trade strategy and a deepening of economic ties with Washington. The shipment follows the DRC government’s submission to U.S. authorities of a list of state-backed mining projects for potential American investment. The move underscores Kinshasa’s intention to leverage its vast mineral resources to attract… Read More Here

Mining in Zambia Economy Governance

President Hichilema Reaffirms Zambia’s Commitment to Investment Partnerships and Global Cooperation

January 30, 2026January 30, 2026 Constance

Zambia Open to Deeper Investment Partnerships, President Hichilema Tells Diplomatic Corps President of the Republic of Zambia, Mr Hakainde Hichilema, has reaffirmed the country’s readiness to deepen investment partnerships and strengthen collaboration with like-minded nations for mutual benefit. The President made the remarks on 29 January 2026 during the Presidential Annual Greeting of the Diplomatic Corps, where he expressed appreciation for the longstanding and cordial relations Zambia continues to enjoy with members of the diplomatic community. President Hichilema identified agriculture, mining, technology and trade as priority sectors for mutually beneficial… Read More Here

International Economy Gold

Tanzania to Monetise Part of Gold Reserves to Fund Infrastructure

January 29, 2026January 29, 2026 Constance

Tanzania Plans Partial Sale of Gold Reserves as Foreign Aid Declines in 2026 Tanzania is planning to sell a portion of its gold reserves to finance priority infrastructure projects, as international development assistance continues to decline. The announcement was made on Monday, January 26, 2026, in London by the Minister of State for Planning and Investment, Kitila Mkumbo, following instructions from President Samia Suluhu Hassan to the Bank of Tanzania. “Governments are no longer willing to provide aid to Africa, so we are reorganising our financing strategy,” the minister said,… Read More Here

Economy Mining in Zambia

Zambia Completes IMF Program, Signalling a Turning Point for Investor Confidence

January 29, 2026January 29, 2026 Constance

Zambia Exits IMF Program in 2026 as Growth Rebounds and Economic Fundamentals Strengthen The conclusion of Zambia’s International Monetary Fund (IMF) programme marks a discreet yet significant shift in the country’s economic trajectory. While Zambia continues to be viewed through the lens of sovereign risk, its underlying economic fundamentals are improving faster than market perceptions suggest. At the end of January 2026, the IMF approved the final review of its support programme, unlocking a last disbursement of about $190 million. This payment brings total IMF financing since 2022 to roughly… Read More Here