Infrastructural Development - Copperbelt Katanga Mining

Tshisekedi Urges Faster Progress on Key Infrastructure Projects with Chinese Enterprises Group 1

On Friday, December 20, in Kinshasa, President Félix Tshisekedi held a working session with the Chinese Enterprises Group (GEC) to evaluate the progress of road construction projects under the Minerals for Infrastructure Program. The President urged his partners to accelerate the work. Freddy Shembo, Director General of the Agency for the Steering, Coordination, and Monitoring of Collaboration Conventions, briefed the press on the session’s outcome. He noted that the meeting focused on identifying necessary adjustments to expedite ongoing projects and implement effective mechanisms. “These projects are crucial for the Head… Read More Here

Mining in DRC Infrastructural Development

President Tshisekedi Unveils Ambitious Rural Infrastructure Plan for 2025

December 13, 2024December 13, 2024 Constance0 comment

In his annual State of the Nation Address at the People’s Palace, President Félix Tshisekedi presented an ambitious plan to rehabilitate rural infrastructure in 2025. This initiative is a key component of the Local Development Program of the 145 Territories (PDL-145T). The Head of State announced plans to rehabilitate 38,000 kilometers of agricultural service roads under the PDL-145T, along with 11,423 kilometers of additional priority roads, all within a single year. “This work will be accompanied by the deployment of road brigades in each province to ensure regular maintenance,” stated… Read More Here

Mining in Zambia Copper Economy Infrastructural Development

FQM Partners with Zambian Govt to Upgrade Mutanda-Kaoma Road for Economic Growth

December 5, 2024December 9, 2024 Constance0 comment

First Quantum Minerals (FQM) has partnered with the Zambian government to upgrade the 371-kilometre Mutanda-Kaoma road, a vital route for transporting materials and copper products to the ports of Walvis Bay and Durban. The initiative aims to improve Zambia’s road infrastructure, which is critical for strengthening the mining sector and driving economic growth. FQM Country Manager Dr. Godwin Beene highlighted the project’s alignment with Vision 2030 and the Eighth National Development Plan (8NDP). He emphasized its potential to enhance logistics efficiency, promote rural development, and unlock new economic opportunities. “This… Read More Here

Transport and Logistics Angola Infrastructural Development Mining in DRC Mining in Zambia

Biden Announces $600 Million in New Financing for African Railway Infrastructure

December 5, 2024December 5, 2024 Constance0 comment

President Joe Biden is concluding his trip to Angola with a significant announcement of $600 million in new financing for a multi-country railway, a move aimed at boosting U.S. investment in critical minerals infrastructure across Africa and countering China’s growing influence on the continent. This latest announcement builds on the $553 million pledged earlier this year by the U.S. International Development Finance Corporation (DFC) for the Lobito Trans-Africa Corridor, which will connect the Central African copperbelt to the Angolan coast. The new funding will support not only rail infrastructure but… Read More Here

Mining in DRC Governance Infrastructural Development Transport and Logistics

DRC Plans Strategic Partnership with China to Advance Transport and Infrastructure Projects

November 30, 2024November 30, 2024 Constance0 comment

The Democratic Republic of Congo (DRC) is strengthening its collaboration with China to accelerate development in key sectors, including transport. Deputy Prime Minister and Minister of Transport, Communication Routes, and Disenclavement, Jean-Pierre Bemba Gombo, emphasized this partnership during a Council of Ministers meeting on November 22, 2024. Bemba presented an information note detailing efforts to prepare a comprehensive list of projects to be submitted to Chinese financial institutions as part of the Sino-Congolese cooperation framework. According to the minutes of the Council of Ministers, the finalized project lists were discussed… Read More Here

Mining in Zambia Infrastructural Development Mining in DRC

Zambia and DRC Unite to Build Key Cross-Border Road Boosting Regional Trade

November 25, 2024November 25, 2024 Constance

Zambia and the Democratic Republic of Congo (DRC) have signed a landmark agreement to construct a 145-kilometer road linking Kolwezi in the DRC to Lumwana in Zambia, passing through the Kambimba-Sakabinda border posts. This ambitious project, formalized in Kolwezi, Lualaba Province, aims to enhance border infrastructure, streamline trade, and strengthen economic ties between the two nations. The agreement, signed by Zambia’s Minister of Infrastructure, Housing, and Urban Development, Charles Milupi, and DRC’s Minister of Infrastructure and Public Works, Alexis Muvunyi, includes the construction of a one-stop border post to facilitate… Read More Here

Mining in Zambia Infrastructural Development

Zambia Signs $110 Million Concession Agreement for Kasumbalesa Border Development and Township Roads

November 20, 2024November 20, 2024 Constance

The Zambian government has signed a $110 million concession agreement with Ndola-based ZMart Group of Companies for the development of a One-Stop Border Post at Kasumbalesa, alongside the construction of 20 kilometers of township roads in Chililabombwe and Chingola on the Copperbelt. Attorney General Mulilo Kabesha witnessed the signing, which includes plans for a 2,000-capacity truck park, a multi-facility economic zone, a fire station, 300 shops, a hotel, and a shopping mall. The agreement was signed in Ndola by Finance and National Planning Minister Situmbeko Musokotwane, Commerce, Trade, and Industry… Read More Here

Mining in DRC Economy Infrastructural Development

IFC’s $550 Million Investment Boosts DRC’s Energy and Infrastructure Sectors

November 17, 2024November 17, 2024 Constance

Since 2021, the Democratic Republic of Congo (DRC) has received significant financial support totaling US$550 million from the International Finance Corporation (IFC). This funding, primarily directed toward infrastructure and energy projects, aims to foster sustainable growth and improve the daily lives of Congolese citizens. During a meeting on Thursday, November 14, 2024, Sergio Pimenta, IFC Vice-President for Africa, and Judith Tuluka Suminwa, Prime Minister of the DRC, discussed the impact of this support. According to Pimenta, the IFC’s investments have directly benefited the Congolese population by addressing critical infrastructure and… Read More Here

Mining in DRC Infrastructural Development

China State Construction Engineering to Support Kinshasa Expansion Project

October 27, 2024October 27, 2024 Constance

The Chinese state-owned company, China State Construction Engineering, has pledged its support for the Kinshasa city expansion project. This commitment was made during a meeting between Governor Daniel Bumba and a delegation from the firm on Tuesday, October 22, 2024, at the Hilton Hotel. This urbanization initiative aims to alleviate congestion in the Congolese capital and significantly reduce traffic and sanitation issues. The project designates 486 square kilometers for the development of a new city, representing approximately 5% of Kinshasa’s total area. Kinshasa authorities have selected China State Construction Engineering… Read More Here

Mining in Zambia Infrastructural Development

Zambia Secures $50 Million from BADEA for Kalabo-Sikongo-Angola Border Road Project

October 7, 2024October 7, 2024 Constance

Zambia has signed a cooperation agreement with the Arab Bank for Economic Development in Africa (BADEA), securing a $50 million investment for the construction of the Kalabo-Sikongo-Angola Border Road in Western Province. The agreement was formalized in Riyadh, Saudi Arabia, by Zambia’s Minister of Finance and National Planning, Dr. Situmbeko Musokotwane, and BADEA President, Dr. Sidi Ould Tah. Alongside the road project, a $500,000 capacity-building initiative was also agreed upon to support the training of public officials in finance, trade, and energy development. During the signing ceremony, Dr. Musokotwane emphasized… Read More Here