Infrastructural Development - Copperbelt Katanga Mining

President Tshisekedi and President Hichilema launches Kasomeno-Mwenda Toll Road (KMTR) Project 1

Presidential Groundbreaking Ceremony launches Kasomeno-Mwenda Toll Road (KMTR) Project, Africa’s largest private infrastructure investment from Europe that could cut the Dar es Salaam – Lubumbashi distance by 300 KM. DRC and Zambia Heads of State and GED Africa’s executive team break ground at the future bridge site on the Luapula river marking the official commencement of the KMTR project. Chalwe, Haut-Katanga, The Democratic Republic of Congo, October 3 – His Excellency President Felix Tshisekedi of the Democratic Republic of Congo (DRC) and His Excellency President Hakainde Hichilema of the Republic… Read More Here

Mining in DRC Infrastructural Development

DRC Ratifies Loan Agreement for DRC-Angola Transnational Economic Corridor Project with African Development Fund

April 17, 2023April 17, 2023 Copperbelt Katanga News

O’Neige N’Sele, Deputy Minister of Finance, submitted to the council the bill authorizing the ratification of the loan agreement signed on January 20, 2023 between the DRC and the African Development Fund (ADF) for the construction of the transnational economic corridor project between the Democratic Republic of Congo and Angola, phase 1. Prior to its adoption at the 94th meeting of the Council of Ministers, she indicated that with a financing of USD 99,224,400, this regional project aims to contribute to the improvement of the inter-state road transport system and… Read More Here

Mining in Zambia Infrastructural Development

SOLWEZI COLLEGE OF NURSING GETS A NEW LEASE ON LIFE

March 8, 2023March 8, 2023 Constance

First Quantum Minerals has handed over the renovated Solwezi College of Nursing and Midwifery hostels and has also donated bunker beds and mattresses to Solwezi General Hospital. The facility was renovated at a total cost of K876,000. This includes 56 bunk beds and 112 mattresses. Solwezi College of nursing and midwifery was commissioned in 1988 with the vision to provide quality nursing education to the student nurses selected to train at the institution. The institution was given the status of registered nursing by the nursing and midwifery council of Zambia… Read More Here

Mining in Zambia Infrastructural Development

AFC President and CEO Meets with Zambian President to Discuss infrastructure Partnerships

March 2, 2023March 2, 2023 Constance

Africa Finance Corporation (AFC) President and CEO, Samaila Zubairu, recently met with the President of Zambia, Hakainde Hichilema, and his team to discuss possible partnerships in bridging Zambia’s infrastructure gap and that of the African continent as a whole. The meeting was also an opportunity for AFC to explore collaboration opportunities with the Zambian government in promoting the beneficiation of Africa’s abundant raw materials and driving import substitution. President Hichilema expressed his determination to ensure that Zambia and Africa as a whole do not export raw materials and people, but… Read More Here

Mining in Zambia Infrastructural Development

GOVERNMENT COMMENDS FQM FOR NORTH-WESTERN DEVELOPMENT

February 26, 2023February 26, 2023 Constance

In its quest to complement government’s efforts in providing access to clean and safe drinking water and improved sanitation, First Quantum Minerals (FQM) through its Kansanshi Mine has handed over an ablution block and a solar water system to Kyafukuma Secondary School in Solwezi District of North-Western Province. Kansanshi mine handed over an ablution block of five boys’ toilets, five girls’ toilets, a shower, as well as two staff toilets for the 20 staff. These toilets are waterborne and have running water, and are solar-powered with a 10,000 litres PVC… Read More Here

Mining in DRC Battery Metals Infrastructural Development

Development of DRC’s electric battery industry, the FPI ready to support the African Center of Excellence

April 26, 2022April 26, 2022 arnbethnic1 Comment

Long decried as the Congolese Achilles’ heel, the FPI Industry Promotion Fund says it is ready to finance the bankable research projects of the African Center of Excellence for the Electric Battery Industry recently launched in Lubumbashi, capital of the province of Haut-Katanga. After the installation of the African Center of Excellence for the Electric Battery Industry by the Minister of Industry, Julien Paluku, Congolese researchers are invited to play an important role in this project. To do this, the FPI is called upon to support the various research projects… Read More Here

Energy Infrastructural Development Mining in DRC

Fortescue Metals and Westminster Group to invest in Inga & airport infrastructure – DRC

June 21, 2021June 23, 2021 Janet

These two global companies want to invest in green energy, in Inga, in particular for the Australian Fortescue Metals Group. As for Westminster Group PLC, this British company is in negotiations with RVA for a partnership in security, technology and airport infrastructure services. These two major companies respond to the call launched by the President of the Republic to foreign investors to invest in the DRC, a country committed to its economic recovery. The President of the Republic, Félix Tshisekedi, during his recent stay in eastern DRC, last week met Australian billionaire… Read More Here

Mining in DRC Infrastructural Development

DRC president hails mining, infrastructure cooperation with China

May 15, 2021May 15, 2021 Janet

President of the Democratic Republic of the Congo (DRC) Felix Tshisekedi said on Thursday that he attaches great importance to DRC-China relations and intends to deepen mining and infrastructure cooperation with Chinese companies. Tshisekedi made the remarks while inspecting the Sino Congolaise des Mines (Sicomines), a joint venture between the DRC state mining company Gecamines and a group of Chinese companies, in Kolwezi of the southeastern province of Lualaba. During the inspection, Tshisekedi expressed his willingness to promote Sicomines projects, for the sake of DRC’s economic prospect as well as… Read More Here

New Mining Projects Copper Infrastructural Development Mining in DRC

Kamoa-Kakula produced 250,000 tonnes of Copper at 4.85% cu in November, 29% higher than October production

December 3, 2020December 3, 2020 arnbethnic

Kamoa-Kakula Copper Project mines a record 250,000 tonnes of development ore grading 4.85% copper in November, accelerating both grade and tonnage of copper ore added to the project’s surface stockpilesPre-production ore stockpiles now hold 1.25 million tonnes grading 3.75% copper, containing more than 46,700 tonnes of copperUnderground development totalling 2,163 metres completed in November; more than 26.8 kilometres now complete – 9.0 kilometres ahead of planAccess to Kakula’s +8% copper ore in the centre of deposit established with the connection of northern and southern main access tunnels in early NovemberIn… Read More Here

Infrastructural Development

China’s new infrastructure plan to boost metal demand – report

October 29, 2020October 29, 2020 Janet

China’s acceleration of its ‘new infrastructure’ plan will support the government’s beneficiation ambition in the metals industry, boosting production of high-end metals as opposed to primary metals, industry analyst Fitch Solutions finds in its latest report. Despite this being a long-held strategy as part of the Chinese government’s shift away from export-oriented growth and the pivot towards domestic consumption, the focus on high-tech infrastructure has been more concerted in 2020 following a slowdown in economic activity arising from the covid-19 pandemic as well as heightened tensions between the US and China, the… Read More Here