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Category: Economy

China and Namibia Deepen Strategic Partnership in Energy, Minerals and Infrastructure 1 International Economy Energy Infrastructural Development 

China and Namibia Deepen Strategic Partnership in Energy, Minerals and Infrastructure

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China Expands Investment Cooperation with Namibia in Critical Minerals, Energy and Economic Development China and Namibia have agreed to strengthen cooperation across key economic sectors, including energy, agriculture, infrastructure and critical minerals, following talks between Chinese President Xi Jinping and Namibian President Netumbo Nandi-Ndaitwah in Beijing. The discussions marked a significant step in Namibia’s efforts to attract foreign investment, create jobs and diversify its economy. President Nandi-Ndaitwah visited China for seven days as part of her government’s push to secure investment from one of the world’s largest economies and leading… Read More Here
Tshisekedi Orders Softer Approach to Mining Companies as DRC Seeks to Protect Investor Confidence 2 Mining in DRC Economy Investment News 

Tshisekedi Orders Softer Approach to Mining Companies as DRC Seeks to Protect Investor Confidence

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DR Congo President Felix Tshisekedi Warns Against Aggressive Mining Enforcement Amid Push for More Revenue Democratic Republic of Congo President Felix Tshisekedi has directed government revenue agencies to avoid aggressive enforcement actions against mining companies, warning that excessive measures could undermine investor confidence in the country’s critical mining sector. The directive comes as Congo seeks to increase state revenues from its vast mineral resources while maintaining a stable investment environment for companies operating in the copper and cobalt industries, which remain central pillars of the country’s economy. Congo is the… Read More Here
DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration 3 Mining in DRC Angola Economy 

DRC and Angola Central Banks Sign Cooperation Agreement to Deepen Financial Integration

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DRC and Angola Central Banks Sign MoU to Boost Cross-Border Payments, Financial Integration and Trade The Central Bank of Congo (BCC) and the National Bank of Angola (BNA) have signed a memorandum of understanding (MoU) to strengthen financial and monetary cooperation between the Democratic Republic of Congo (DRC) and Angola, marking a significant step toward deeper regional economic integration. The agreement was signed on July 8, 2026, in Luanda by BCC Governor André Wameso Nkualoloki and BNA Governor Manuel António Tiago Dias. It establishes a permanent framework for institutional collaboration… Read More Here
DRC Moves Toward Launching First Stock Exchange to Expand Access to Capital 4 Mining in DRC Economy 

DRC Moves Toward Launching First Stock Exchange to Expand Access to Capital

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DR Congo Plans First Stock Exchange as Mining Growth and Critical Mineral Demand Attract Investors The Democratic Republic of Congo (DRC) is preparing to launch its first stock exchange as the government seeks to develop domestic capital markets, attract investment and provide businesses with new sources of financing. Finance Minister Doudou Fwamba Likunde Li-Botayi said the planned exchange is expected to begin operations next year and will initially support trading in both the Congolese franc and the US dollar, reflecting the country’s highly dollarised economy. The government is working with… Read More Here
Zambia’s Mining Sector Attracts Fresh Investor Interest as Economic Recovery Gains Momentum 5 Mining in Zambia Economy Investment News 

Zambia’s Mining Sector Attracts Fresh Investor Interest as Economic Recovery Gains Momentum

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Zambia Mining Investment Rises as Copper Demand and Economic Reforms Boost Investor Confidence Investor interest in Zambia’s mining sector is increasing as the country’s economic reforms and debt restructuring efforts improve confidence in its long-term growth prospects. Lowani Chibesakunda, Citi’s Chief Executive Officer and Banking Head for Zambia, said the financial services group has seen growing interest from investors in key sectors including mining, energy and agriculture. The renewed attention comes as Zambia continues its economic recovery following the completion of its sovereign debt restructuring process and improvements in its… Read More Here
Bank of Zambia Highlights Importance of Foreign Reserves for Economic Stability 6 Mining in Zambia Economy 

Bank of Zambia Highlights Importance of Foreign Reserves for Economic Stability

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Zambia Central Bank Says Strong Foreign Reserves Are Key to Managing Economic Shocks and Inflation Bank of Zambia Governor Dr. Denny Kalyalya has emphasised the importance of maintaining strong foreign reserves, saying they provide a financial cushion during periods of economic uncertainty. Speaking during a media tour at the Zambia International Trade Fair in Ndola, Dr. Kalyalya said foreign reserves help the country respond to major shocks, including natural disasters, health emergencies and global disruptions that affect supply chains. He explained that adequate reserves allow Zambia to continue importing essential… Read More Here
DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch 7 Mining in DRC Economy Gold 

DRC Gold Trading Expands National Footprint with Planned North Ubangi Branch

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DRC Gold Trading Plans North Ubangi Expansion to Strengthen Artisanal Gold Supply Network DRC Gold Trading S.A. plans to establish a new branch in North Ubangi Province as part of its strategy to expand its network for the collection, trading and export of artisanal gold. The company’s Chief Executive Officer, Joseph Kazibaziba Maombi, said North Ubangi is among the next locations targeted for expansion, although no opening date has been announced. The planned branch follows the company’s recent efforts to strengthen its presence across the Democratic Republic of Congo. DRC… Read More Here
Vinmart Group Expands DRC’s Industrial Capacity with Three New Manufacturing Plants 8 Mining in DRC Economy 

Vinmart Group Expands DRC’s Industrial Capacity with Three New Manufacturing Plants

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Vinmart Opens Three Manufacturing Facilities in DR Congo to Boost Local Production and Industrial Growth The Vinmart Group has expanded its industrial footprint in the Democratic Republic of Congo with the inauguration of three new production facilities in Lubumbashi, aimed at increasing local manufacturing capacity and supporting the domestic supply of industrial equipment. The facilities were officially opened on Monday, July 6, 2026, during a ceremony attended by government officials, business leaders and representatives of the Vinmart Group. The event was co-chaired by Justin Kalumba Mwana Ngongo, Acting Minister of… Read More Here
DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken 9 Mining in DRC Copper Economy Gold 

DRC Mineral Export Prices Decline as Copper, Gold and Tin Weaken

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DR Congo Mineral Prices Fall as Copper, Gold and Tin Decline; Cobalt and Germanium Edge Higher Most of the Democratic Republic of Congo’s major mineral exports recorded lower prices on international markets during the week of July 6–11, 2026, according to the latest price bulletin from the Ministry of Foreign Trade. Cobalt and germanium were the only minerals to post gains. Copper, the country’s top export, declined from $13,475.85 to $13,258.50 per tonne. Tin also fell sharply, dropping from $54,040.00 to $50,678.75 per tonne, while gold slipped from $136.76 to… Read More Here
ZCCM-IH Bets on Long-Term Growth Despite 2025 Loss as Copper Investments Gain Momentum 10 Mining in Zambia Copper Economy Investment News 

ZCCM-IH Bets on Long-Term Growth Despite 2025 Loss as Copper Investments Gain Momentum

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ZCCM-IH Posts 2025 Loss as Strategic Investments Position Company for Future Growth ZCCM Investments Holdings Plc says its 2025 financial results reflect a strategic investment phase designed to position the company for long-term growth, despite reporting a net loss after a record profit in 2024. The company posted a provisional net loss of ZMW2.79 billion (US$110.7 million) for the year ended December 31, 2025, compared with a record ZMW39.85 billion (US$1.52 billion) profit the previous year. ZCCM-IH said the 2024 result was boosted by a once-off gain from the Mopani… Read More Here

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