Economy - Copperbelt Katanga Mining

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

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

Mining in DRC Economy Oil & Gas Petroleum Taxes

DRC Oil Tax Reform Delivers Sharp Revenue Gains and Strengthens Public Finances

January 29, 2026January 29, 2026 Constance

DRC Oil Tax Reform Boosts Petroleum Revenues by Over 1,700%, Easing Pressure on Public Finances The Democratic Republic of Congo’s reform of oil-related tax expenditures is beginning to deliver measurable benefits for public finances, with official data showing petroleum revenues rising by more than 1,700% following the introduction of coordinated fiscal and regulatory measures. The reform was launched against a backdrop of rapidly rising oil tax expenditures, which reached US$1.6 billion in 2022 before easing to US$1.1 billion in 2023. Over the two-year period, these expenditures accounted for nearly 15%… Read More Here

Mining in DRC Cobalt Copper Economy

DRC Copper and Cobalt Prices Edge Lower as Global Market Pressures Persist

January 29, 2026January 29, 2026 Constance

Copper and Cobalt Prices in DRC Expected to Dip Slightly Amid Global Market Uncertainty Prices of copper and cobalt two of the Democratic Republic of Congo’s most important mineral exports are expected to record modest declines on international markets during the week of January 26–31, 2026, according to projections from the National Market Commission under the Ministry of Foreign Trade. Copper is forecast to trade at about $13,031 per tonne, down from $13,179 the previous week, representing a decline of roughly $148 per tonne. Cobalt prices are expected to remain… Read More Here

Mining in Zambia Copper Economy

Zambia Returns to Single-Digit Inflation as Currency Strength and Copper Prices Lift Economy

January 29, 2026January 29, 2026 Constance

Zambia Inflation Falls to 9.4% for First Time Since 2023 on Strong Kwacha and Rising Copper Prices Several African economies, including Zambia, which have faced significant economic challenges in recent years, have begun the new year with notable economic improvements. In a key milestone for the copper-rich Southern African nation, inflation has fallen below double digits for the first time in three years. Zambia’s annual inflation rate declined to 9.4%, down from 11.2% in the previous month, marking the country’s first single-digit inflation reading since 2023. The improvement signals growing… Read More Here

Mining in Zambia Copper Economy

Zambia’s Mining Sector Posts Strong Growth in 2025 on Rising Copper Output and Policy Reforms

January 29, 2026January 29, 2026 Constance

Zambia Mining Sector Grows in 2025 as Copper Production Rises 8% and Major Investments Advance Zambia’s mining sector recorded strong growth in 2025, driven by an increase in copper production, rising investment, expanded licensing activity, and wide-ranging policy reforms aimed at strengthening the industry’s contribution to socio-economic development. Speaking at a press briefing, the Minister of Mines and Minerals Development, Honourable Paul C. Kabuswe, MP, said copper production the backbone of Zambia’s mining industry increased by 8 per cent, rising from 825,513.01 metric tonnes in 2024 to 890,345.79 metric tonnes… Read More Here

International Economy

Zimbabwe Sees First Single-Digit Inflation in Over Two Decades

January 28, 2026January 28, 2026 Constance

Zimbabwe’s Inflation Falls to Single Digits as ZiG Currency Gains Stability Zimbabwe’s economy is showing early signs of stabilization, marked by a sharp slowdown in inflation and renewed confidence in its gold-backed local currency. The development represents a significant milestone for a country that has grappled with currency instability and hyperinflation for more than two decades. In November last year, the Confederation of Zimbabwe Industries (CZI) projected a substantial decline in annual inflation by the end of 2025, forecasting a 50% reduction as tighter monetary controls took effect. At the… Read More Here