Economy - Copperbelt Katanga Mining

President Hichilema Credits KCM Revival for Boosting Zambia’s Economic Recovery

March 31, 2026March 31, 2026 Constance

President Hakainde Hichilema Highlights Mining Sector Recovery as Economic Reforms Boost Copperbelt Growth President Hakainde Hichilema says the economic reforms implemented by his administration are beginning to yield positive results, marked by increased activity in the mining sector, particularly on the Copperbelt. President Hichilema noted that the Copperbelt had previously experienced a decline in economic activity due to reduced operations in the mining industry. However, he pointed to the resumption of operations by Konkola Copper Mines (KCM) and other mining firms as clear evidence of the success of the government’s… Read More Here

Mining in DRC Economy Investment News

DRC and Canada Strengthen Trade and Investment Partnership

March 30, 2026March 30, 2026 Constance

DRC–Canada Trade Relations Deepen as Ministers Discuss Investment, Digital Border Systems, Agriculture, and Renewable Energy Cooperation The Democratic Republic of Congo (DRC) and Canada have reached a new milestone in strengthening their economic and trade cooperation, signaling renewed momentum in bilateral relations. This development was highlighted during a meeting between the Congolese Minister of Foreign Trade, Julien Paluku Kahongya, and his Canadian counterpart on the sidelines of the 14th Ministerial Conference of the World Trade Organization (WTO). Discussions focused on several strategic areas aimed at expanding bilateral trade and fostering… Read More Here

Mining in Zambia Economy Events & Expos Investment News

President Highlights Investment Reforms and Mining Revival at ZIMEC 2026

March 30, 2026March 30, 2026 Constance

Zambia Strengthening Investment Climate Through Reforms and Regional Cooperation, Delegates Told President Hakainde Hichilema last week addressed delegates at the Zambia International Mining and Energy Conference (ZIMEC), underscoring the country’s improving investment climate, the revival of dormant mining assets, and the growing role of both local and regional investment in driving economic growth. Speaking to industry leaders, investors, and policymakers, the President pointed to the reopening of the historic Kalengwa Mine in North-Western Province as a clear example of the government’s reform agenda and commitment to revitalizing Zambia’s mining sector.… Read More Here

Mining in Uganda Economy Gold

Uganda’s Merchandise Exports Surge 72% Driven by Gold and Coffee

March 29, 2026March 29, 2026 Constance

Uganda Merchandise Exports Jump 72% to $1.45 Billion in January 2026 Amid Gold Boom Uganda experienced a remarkable 72% increase in merchandise exports in its last fiscal year, according to a recent report by the Ministry of Finance. The East African nation’s merchandise export revenue rose from $844.6 million in January 2025 to $1,453.5 million in January 2026. A post on X by the Government Citizen Interaction Centre highlighted that Uganda’s merchandise exports grew to approximately UGX 5.43 trillion ($1.45 billion) in January 2026, up from UGX 5.22 trillion ($1.395… Read More Here

Mining in Zambia Copper Economy

Zambia Set to Surpass 1 Million Tonnes of Copper Production in 2026

March 29, 2026March 29, 2026 Constance

Zambia Copper Production to Break 1 Million Tonnes in 2026 Driven by Canadian-Owned Mines Zambia is on track to produce over 1 million tonnes of copper in 2026, a record milestone driven by expanded output from its largest Canadian-owned operations, Mines and Minerals Development Minister Paul Kabuswe has confirmed. Last year, Zambia recorded its highest-ever production of nearly 890,346 tonnes, and Kabuswe told reporters in Lusaka in January that “this year, without a doubt, we will exceed one million tonnes.” Copper remains the backbone of Zambia’s economy, accounting for roughly 70% of export… Read More Here

International Economy Gold

Middle East Tensions Disrupt Zimbabwe’s Gold Exports

March 29, 2026March 29, 2026 Constance

Zimbabwe Faces Gold Export Challenges as Middle East Conflict Disrupts Shipping Routes Zimbabwe is facing growing challenges in exporting its gold due to ongoing tensions in the Middle East, a situation similar to Ghana’s recent logistical difficulties. The United Arab Emirates (UAE), a key destination for Zimbabwe’s gold shipments, accounted for 45% of the country’s total gold export revenues last year. The regional conflict has disrupted both air and maritime routes. Major shipping lines, including Maersk, have suspended operations through the Strait of Hormuz, forcing vessels to reroute around the… Read More Here

Mining in DRC Economy

DRC and China Sign Strategic Minerals Cooperation Pact to Boost Mining Value and Industrialization

March 29, 2026March 29, 2026 Constance

DRC–China Mining Deal Targets Duty-Free Exports, Local Processing, and $28.9 Billion Iron Corridor Development The Democratic Republic of Congo and China have advanced their strategic partnership by signing a Memorandum of Understanding (MoU) on geology and mineral resources in Beijing on March 26. The agreement forms part of broader efforts to deepen economic cooperation and maximize value creation in the Congolese mining sector. The MoU was signed by the Congolese Minister of Mines, Louis Watum Kabamba, and China’s Minister of Natural Resources, Guan Zhi’ou, in the presence of senior officials… Read More Here

Mining in DRC Copper Economy

DRC Copper Production Hits 3.5 Million Tonnes in 2025 Amid Global Market Volatility

March 26, 2026March 26, 2026 Constance

DRC Copper Output Reaches 3.5M Tonnes in 2025 While International Prices Face Geopolitical Pressure Mining companies operating in the Democratic Republic of the Congo produced a total of 3,503,539 tonnes of copper in 2025, according to provisional data released by the Technical Unit for Mining Coordination and Planning under the Ministry of Mines. The report indicates that all copper produced was sold, covering both exports and domestic pre-export processing, meaning total sales matched annual production. Monthly Production Trends Monthly statistics show that production peaked in July 2025 at 315,590 tonnes,… Read More Here

Mining in Zambia Economy

Zambia’s Banking Sector Signals Readiness to Power Govt’s 24-Hour Economy

March 22, 2026March 22, 2026 Constance

Zambian Banks Expand Digital Payments and Operating Hours to Support Government’s Transition to a 24/7 Economy The Bankers Association of Zambia (BAZ) has confirmed that the country’s banking sector is fully prepared to support the government’s transition to a 24-hour economy, with digital infrastructure already upgraded and extended operating hours implemented across the industry. BAZ Chief Executive Officer Leonard Mwanza stated that the banking sector spent much of 2025 strengthening systems to enable round-the-clock financial services, including a successful pilot expansion of the Electronic Funds Transfer (EFT) platform. Currently, banks… Read More Here

Mining in DRC Cobalt Economy

Cobalt Shortage Set to Persist as DRC Export Controls Tighten Global Supply

March 18, 2026March 18, 2026 Constance

Global Cobalt Supply Crunch to Continue Through 2030 as Democratic Republic of the Congo Export Restrictions Disrupt Market A global cobalt shortage is expected to persist through the end of the decade as export restrictions from the Democratic Republic of the Congo (DRC) continue to disrupt supply chains, according to trading firm Darton Commodities. Cobalt shipments from the DRC declined significantly in 2025 after the government imposed an export ban in February, followed by strict quotas in October. The country responsible for more than 70% of global cobalt supply introduced… Read More Here