Energy - Copperbelt Katanga Mining

FQM Secures Renewable Power Deal to Boost Zambia’s Energy Security

May 14, 2025May 14, 2025 Constance

First Quantum Minerals (FQM) has taken a significant step toward enhancing Zambia’s energy security and sustainability by signing an innovative agreement to source clean, reliable power from the Kariba North Bank Extension (KNBE) energy plant. This landmark deal brings together key partners—ZESCO’s subsidiary Kariba North Bank Extension Power Corporation (KNBE), GreenCo Power Services (GreenCo), and financial institutions Standard Bank Group and Stanbic Bank Zambia—to pioneer a forward-looking energy model that supports both industrial growth and renewable energy development. As part of the arrangement, KNBE secured commercial debt financing from the… Read More Here

India and Angola Deepen Strategic Ties with Energy, Defence, and Tech Agreements

May 10, 2025May 10, 2025 Constance

India and Angola have agreed to significantly expand their strategic partnership, signing multiple Memorandums of Understanding (MoUs) covering energy, defence, digital infrastructure, space technology, and more. The agreements coincided with Angolan President João Lourenço’s landmark state visit to India—the first by an Angolan head of state in 38 years. During delegation-level talks, Prime Minister Narendra Modi described the visit as “historic,” noting its importance in deepening not just India-Angola relations, but also broader India-Africa cooperation. The visit comes as the two countries celebrate the 40th anniversary of diplomatic relations. “India… Read More Here

Mining in Zambia Energy Partnership

Mozambique Signs Energy Agreements with Zambia and Zimbabwe to Boost Regional Integration

May 10, 2025May 10, 2025 Constance

The Government of Mozambique, through the Ministry of Mineral Resources and Energy, has signed two memoranda of understanding (MoUs) with the Republics of Zambia and Zimbabwe, reinforcing a shared commitment to regional energy integration, industrialization, and sustainable development in Southern Africa. The MoUs were signed during the 11th Mining and Energy Conference (MMEC) in Maputo and align with the goals of the Southern African Development Community (SADC). The agreement with Zambia lays the groundwork for the development of a gas pipeline linking the Mozambican city of Beira to Ndola in… Read More Here

Mining in DRC Corporate News Energy

Soventix Joins Solar-Storage Project to Power DRC’s Kamoa-Kakula Copper Mine

May 9, 2025May 9, 2025 Constance

German solar energy company Soventix GmbH will play a key role in the development of a large-scale solar and battery storage project to power the Kamoa-Kakula copper complex in the Democratic Republic of Congo (DRC). The company announced its participation on April 30, 2025. Soventix will be responsible for planning, project management, and supplying key components. The project is being led by CrossBoundary Energy, a developer specializing in renewable energy solutions for commercial and industrial clients, which will operate the facility. Earlier in April, Kamoa Copper—the owner of the Kamoa-Kakula… Read More Here

Mining in Zambia Energy

Zambia Advances $500 Million Solar Energy Drive to Power 130,000 Homes

May 3, 2025May 3, 2025 Constance

ZESCO, Zambia’s state-owned energy utility, has announced a series of upcoming initiatives aimed at boosting renewable energy and improving national energy resilience. Central to these efforts is a Presidential Solar Directive designed to provide clean energy to 130,000 households across the country. The announcement was made on Tuesday by Charles Kaisala, a ZESCO board member and energy policy chairman for the ruling United Party for National Development (UPND), during a party event held in Lusaka. The directive, championed by the government, focuses on accelerating rooftop solar panel installations and introducing… Read More Here

Mining in Zambia Energy Events & Expos

Zambia Reinforces Commitment to Clean Energy at London Summit

April 27, 2025April 27, 2025 Constance

Zambia has reaffirmed its dedication to clean energy and sustainable development during the high-level Summit on the Future of Energy Security, currently taking place in London. Minister of Energy Makozo Chikote is leading the Zambian delegation at the two-day global event, co-hosted by the United Kingdom and the International Energy Agency (IEA). The summit brings together key ministers, investors, policy experts, and energy stakeholders to foster international cooperation in tackling emerging challenges within the energy sector, including digitalization, climate change, and the growing adoption of renewable energy technologies. Speaking on… Read More Here

Mining in Zambia Economy Energy

Zambia Urges European Investment in Mining and Energy Sectors

April 20, 2025April 20, 2025 Constance

Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, has called on European nations to invest in Zambia’s mining and energy sectors, emphasizing the country’s growing openness to new international partnerships. His remarks followed his participation in the 10th Annual Delphi Economic Forum held in Greece. Speaking from Addis Ababa, Dr. Musokotwane highlighted Greece as an untapped partner in Zambia’s development agenda. “The Delphi Forum offered a strategic platform to promote investment and strengthen partnerships,” he said. “We are focused on attracting investments that create jobs, generate wealth, and… Read More Here

Mining in Zambia Energy

Zambia Cuts Solar Project Approval Time to 48 Hours to Boost Clean Energy Investment

April 15, 2025April 15, 2025 Constance

Zambia’s Ministry of Energy has announced a dramatic reduction in the approval time for solar project applications—from six months to just 48 hours—as part of efforts to attract private sector investment and accelerate renewable energy development. The fast-tracked process aims to support the government’s goal of adding 1,000 MW of solar power to the national grid by 2025. With hydropower currently dominating Zambia’s energy mix and severe droughts in 2024 significantly reducing output, the government is pushing to diversify the country’s energy sources, enhance grid resilience, and improve access to… Read More Here

Mining in DRC Copper Energy

Kamoa Copper Signs Landmark Deal for Africa’s First Solar Baseload Plant

April 5, 2025April 5, 2025 Constance

Kamoa Copper S.A. has signed a landmark power purchase agreement (PPA) with CrossBoundary Energy to supply baseload renewable energy to the Kamoa-Kakula Copper Complex near Kolwezi, in the Democratic Republic of the Congo (DRC). This marks a significant milestone in the region’s shift toward sustainable mining operations. Kamoa Copper is a joint venture between Ivanhoe Mines, Zijin Mining Group, and the DRC government, which holds a 20% ownership stake. The Kamoa-Kakula complex is the largest copper mine in Africa, with an annual production capacity of approximately 600,000 tonnes. The on-site… Read More Here

Mining in Zambia Energy

Zambia’s CEC to Invest $500 Million in Power Transmission and Solar Expansion

March 26, 2025March 26, 2025 Constance

Zambia’s Copperbelt Energy Corporation (CEC) plans to invest $500 million over the next two years to expand its power transmission infrastructure. The investment will focus on increasing solar power output and doubling the capacity of its crucial transmission line to the Democratic Republic of Congo (DRC). CEC, which operates the only transmission link between the DRC and the Southern African Power Pool (SAPP), intends to raise power transfer capacity from 250 MW to 550 MW. This expansion aims to enhance regional energy security and meet the growing industrial demand in… Read More Here