Infrastructural Development – Copperbelt Katanga Mining

Old Mutual has acquired full ownership of African Infrastructure Investment Managers (AIIM) as part of its strategy to strengthen its asset management portfolio and capitalize on Africa’s growing infrastructure investment opportunities. AIIM, which manages $1 billion in assets, invests in key sectors such as renewable energy, communication infrastructure, toll roads, airports, ports, and pipelines. “This is another important step in achieving Old Mutual’s goal of becoming a leading African financial services provider,” said Ralph Mupita, CEO of Old Mutual Emerging Markets. Infrastructure investment in Africa remains a major growth sector,… Read More Here

Mining in Zambia Corporate News Infrastructural Development

KCM Partners with ZAMM-IMPORTS for Road Rehabilitation in Chingola and Chililabombwe

February 8, 2025February 8, 2025 Constance

Konkola Copper Mines (KCM) has entered into a strategic partnership with ZAMM-IMPORTS to supply construction materials for a major road rehabilitation project in Chililabombwe and Chingola. This initiative, part of KCM’s Corporate Social Responsibility (CSR) program, aims to enhance critical road infrastructure in the two districts. Under the agreement, KCM will provide ZAMM-IMPORTS with sand and crushed stones at a minimal cost for the next two years. These materials will be used to rehabilitate a 20-kilometre stretch of roads, improving connectivity and accessibility for local communities. During the signing ceremony… Read More Here

Mining in Zambia Infrastructural Development

Lusaka-Ndola Dual Carriageway to Assess Long-Term Concession Viability in Developing Economies

January 27, 2025January 27, 2025 Constance

The Lusaka-Ndola dual carriageway project, a 327-kilometre road linking Lusaka with Ndola, will serve as a key test for the viability of long-term concessions in developing economies, according to Vicente Valencia, a Public-Private Development (PPD) specialist. With a total cost of US$650 million, the project has a 25-year concession period, consisting of three years for construction and 22 years for operation. Valencia emphasized that the success of this ambitious project hinges on factors such as toll affordability and traffic volume, which are critical to its long-term sustainability. Valencia highlighted the… Read More Here

Mining in DRC Infrastructural Development Transport and Logistics

$700 Million Set for Phase One of Kinshasa-Brazzaville Bridge Project

January 19, 2025January 19, 2025 Constance

The total cost of the first phase of the Kinshasa-Brazzaville road-rail bridge construction project is estimated at $700 million. This figure was announced during a restitution meeting held on Wednesday, January 15, 2024, and chaired by Prime Minister Judith Suminwa. The meeting brought together delegations of experts from the Democratic Republic of Congo (DRC) and the Republic of Congo. DRC’s Minister of Infrastructure and Public Works, Alexis Gisaro, emphasized that this cost serves as a baseline, with the project expected to evolve over multiple phases. “Many other projects will be… Read More Here

Mining in DRC Infrastructural Development

Japan Commits $15 Million to Rehabilitate Maréchal Bridge in the DRC

December 25, 2024December 25, 2024 Constance

On December 23, 2024, the Japanese government announced a $15 million investment to rehabilitate the Maréchal Bridge in Matadi, located in Kongo Central province. The commitment was formalized by Japan’s Ambassador Extraordinary and Plenipotentiary to the Democratic Republic of Congo (DRC), Ogawa Hidetoshi, during a cooperation agreement signing ceremony in Kinshasa. Ambassador Ogawa emphasized that the rehabilitation of the bridge and its access roads will significantly enhance the living conditions of Kongo Central residents. The project will also improve the flow of transport on this strategic route, which is critical… Read More Here

Mining in DRC Infrastructural Development

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

December 22, 2024December 22, 2024 Constance

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 Constance

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 Constance

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 Constance

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 Constance

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