Economy - Copperbelt Katanga Mining

DRC Pushes for $1 Billion World Bank Financing to Accelerate Lobito Corridor Development 1

DRC Seeks $1 Billion World Bank Funding to Boost Lobito Corridor and Regional Trade The Government of the Democratic Republic of Congo (DRC) is intensifying efforts to secure international financing for the development of the Lobito Corridor, a major infrastructure project aimed at improving regional connectivity and boosting trade. Speaking in Washington during the World Bank’s “Transforming Transportation” global forum, the Congolese Minister of Infrastructure and Public Works, John Banza Lunda, called for an acceleration of the financing process for key infrastructure linked to the corridor. The meeting took place… Read More Here

Mining in DRC Economy Gold

DRC Launches First Pilot Gold Refinery in Tanganyika Province

March 12, 2026March 12, 2026 Constance

Democratic Republic of Congo Opens First Gold Refinery in Kalemie to Boost Local Processing and Transparency The Democratic Republic of Congo (DRC) has officially launched its first pilot gold refinery in Kalemie, the capital of Tanganyika Province, marking an important milestone in the country’s efforts to process its mineral resources locally and strengthen governance in the gold sector. The refinery was inaugurated on Wednesday, March 11, 2026, during a ceremony attended by several senior government officials. Among those present were Guylain Nyembo Mbwizya, Minister of State and Minister of Planning;… Read More Here

Mining in Zambia Copper Economy

Zambia Seeks Global Investment to Triple Copper Production by 2031

March 11, 2026March 15, 2026 Constance

Zambia Targets 3 Million Tons of Copper by 2031 as Government Courts Global Investors Zambia is actively courting international investors, including those from the United States, as it works toward an ambitious goal of tripling its copper production to 3 million metric tons by 2031, Mines Minister Paul Kabuswe said on Tuesday. Africa’s second-largest copper producer after the Democratic Republic of the Congo is increasingly viewed as a strategic partner for the United States. Washington has been stepping up efforts to diversify supply chains for critical minerals and reduce reliance… Read More Here

Mining in DRC Economy Gold

Congo Expands State Gold Trading to Strengthen National Reserves

March 10, 2026March 10, 2026 Constance

DRC Gold Trading Targets 15 Tons of Artisanal Gold in 2026 as Central Bank Eyes Reserve Boost The Democratic Republic of Congo’s state-owned gold trading company plans to significantly increase the volume of gold it purchases from the country’s artisanal mining sector, targeting up to 15 metric tons this year, with the national central bank expected to play a key role as a buyer. Congo, one of the world’s leading suppliers of battery metals and a country rich in largely untapped gold deposits established DRC Gold Trading in December 2022… Read More Here

Tin Economy Mining in DRC

Tin Market Volatility Intensifies as Global Demand for Strategic Metals Grows

March 10, 2026March 10, 2026 Constance

Global Tin Prices Surge in March 2026 as Market Volatility Highlights DRC’s Strategic Role Recent analyses by experts from the National Market Commission of the Ministry of Foreign Trade of the Democratic Republic of Congo (DRC) indicate that tin prices could rise significantly on international markets during the week of March 9–14, 2026. According to the commission’s projections, the price of tin is expected to reach $54,925 per ton, compared with $47,615 per ton the previous week. This represents a projected weekly increase of $7,310, highlighting the strong volatility currently… Read More Here

Mining in DRC Copper Economy Gold Tin

Global Commodity Markets Push Up Prices of Key Congolese Minerals

March 10, 2026March 10, 2026 Constance

DRC Mineral Prices Rise as Copper, Gold, Tin and Tantalum Surge on Global Markets Amid persistent geopolitical tensions in the Middle East and ongoing uncertainty in global supply chains, several major mineral exports from the Democratic Republic of Congo (DRC) recorded an overall upward trend on international markets during the week of March 9–14, 2026. According to projections from the National Market Commission of the Congolese Ministry of Foreign Trade, copper prices are expected to reach $13,132 per ton during the period, compared with $12,877 per ton the previous week.… Read More Here

Mining in Zambia Economy

Zambia and UK Sign Debt Restructuring Deal Under G20 Framework

March 8, 2026March 8, 2026 Constance

Zambia and United Kingdom Amend $291 Million Debt Agreement to Support Ongoing Debt Restructuring The governments of Zambia and the United Kingdom have signed a bilateral amendment agreement on Zambia’s outstanding debt, marking further progress in the country’s ongoing debt restructuring process under the G20 Common Framework for Debt Treatment. The agreement was signed in Lusaka by Finance and National Planning Minister Situmbeko Musokotwane and the British High Commissioner to Zambia, Rebecca Terzeon. Officials from Zambia’s Ministry of Finance and representatives from UK Export Finance also attended the signing ceremony.… Read More Here

Mining in Zambia Copper Economy

Zambia Ranks Third Most Attractive Mining Investment Destination in Africa

March 7, 2026March 7, 2026 Constance

Zambia Climbs Global Mining Investment Rankings in 2025 Fraser Institute Survey Zambia has been ranked the third most attractive mining investment destination in Africa, according to the 2025 Annual Survey of Mining Companies by the Fraser Institute.The country trails only Botswana and Morocco on the continent. Globally, Zambia improved its position to 25th place on the Investment Attractiveness Index, up from 28th in the previous survey. Zambia’s score on the index rose to 72.84, reflecting growing investor confidence in the country’s mineral potential and policy environment. The survey assessed 68… Read More Here

Mining in DRC Economy Press Release

British International Investment partners with Rawbank to enhance financial inclusion for small businesses in DRC

March 5, 2026March 5, 2026 Constance

4 March, 2026 – British International Investment (BII), the UK’s development finance institution and impact investor, has committed $25 million in financing to Rawbank, the largest commercial bank in the Democratic Republic of Congo (DRC). The facility will strengthen Rawbank’s ability to increase access to finance for non-mining corporates and small and medium-sized enterprises (SMEs) across the country. In DRC, local businesses face a shortage of long‑term funding from the financial sector, particularly small businesses and non‑mining corporates that play a vital role in diversifying the economy. By providing much… Read More Here

Mining in Zambia Copper Corporate News Economy

FQM and ZICA Partner to Strengthen Accountant Training and Professional Standards in Zambia

February 28, 2026February 28, 2026 Constance

First Quantum Minerals Signs MOUs with ZICA to Boost CA Zambia Training and CPD Access in North-Western Province First Quantum Minerals Ltd and the Zambia Institute of Chartered Accountants (ZICA) have signed two Memoranda of Understanding (MOUs) designed to enhance professional training, accreditation pathways, and continuous skills development for accountants in Zambia, with particular emphasis on the North-Western Province. The agreements were formalized at ZICA’s offices in Lusaka and are structured around two strategic pillars: Practical Training Accreditation and Enhanced Skills Development. Expanding Access to Structured Practical Training The first… Read More Here