G-7 Summit Pledges Boost to African Infrastructure Investment 1 Infrastructural Development Angola Mining in DRC Mining in Zambia Transport and Logistics 

G-7 Summit Pledges Boost to African Infrastructure Investment

At the G-7 summit in Puglia, Italy, global leaders reaffirmed their commitment to bolstering Africa’s infrastructure to spur economic growth and development on the continent. Co-chaired by US President Joseph Biden and Italian Prime Minister Giorgia Meloni, a special meeting focused on infrastructure development under the G7’s Partnership for Global Infrastructure and Investment (PGII), aligning closely with Italy’s Mattei Plan for Africa. Private sector representatives from Italy and the US, heavily invested in African ventures, also participated, emphasizing the importance of public-private collaboration. Italy made a significant announcement, pledging an… Read More Here
President Tshisekedi Launches Construction of Kinshasa Ring Roads 2 Mining in DRC Infrastructural Development 

President Tshisekedi Launches Construction of Kinshasa Ring Roads

On Saturday, June 22, 2024, President Félix-Antoine Tshisekedi officially launched the construction of the South-West and South-East ring roads in Kinshasa from the Mitendi site. These new peripheral roads are designed to create a rapid route around part of the city to alleviate congestion in the central arteries of Kinshasa. This project is part of the “infrastructure” component of the 5th amendment to the Chinese contract. Prior to the commencement of construction, extensive studies were conducted by experts from the Congolese Agency for Major Works (ACGT), the Office of Roads… Read More Here
Kagem Mining Limited Funds Groundbreaking of Chapula Polytechnic, Zambia’s First Official Polytechnic  3 Mining in Zambia Emeralds Infrastructural Development Press Release 

Kagem Mining Limited Funds Groundbreaking of Chapula Polytechnic, Zambia’s First Official Polytechnic 

Today, the Minister of Technology and Science, Hon. Felix Mutati, MP, led the groundbreaking ceremony signalling the start of construction work for Chapula Polytechnic in Lufwanyama – Zambia’s first official polytechnic. The ceremony demonstrates Kagem Mining Limited (Kagem)’s commitment to fulfilment of the Memorandum of Understanding (MoU) it signed with the Government in September 2023, in which the mine committed to the construction of the centre at an estimated cost of ZMW 52.5 million (USD 2.5 million). The centre will aim to provide local people from Lufwanyama and other areas surrounding… Read More Here
EIZ to Conduct Technical Audits for Lusaka-Ndola Road Upgrade 4 Mining in Zambia Infrastructural Development 

EIZ to Conduct Technical Audits for Lusaka-Ndola Road Upgrade

The Engineering Institution of Zambia (EIZ) has announced plans to conduct technical audits of the upgrade of the Lusaka-Ndola Road into a dual carriageway. EIZ President Wesley Kaluba stated that this initiative aims to ensure that quality work is carried out on the road. Mr. Kaluba emphasized the importance of all engineers involved in the project being accredited by the institution. This accreditation will facilitate monitoring and enable disciplinary action against anyone found erring during the project. Speaking to ZNBC News in Lusaka, Mr. Kaluba highlighted the Institution’s commitment to… Read More Here
Minister of Technology Mutati Highlights Benefits of Lusaka-Ndola PPP Project 5 Mining in Zambia Infrastructural Development Transport and Logistics 

Minister of Technology Mutati Highlights Benefits of Lusaka-Ndola PPP Project

At the groundbreaking ceremony for the Lusaka-Ndola dual carriageway, Minister of Technology and Science, Hon. Felix Mutati MP, highlighted the significance of Zambia’s first major Public-Private Partnership (PPP) project, which promises numerous benefits. The $650 million USD contract with AVIC will allocate 20% of the work to Zambian subcontractors, involving local companies in the project alongside AVIC. Minister Mutati emphasized the importance of dedication and high-quality work from these subcontractors, hoping this experience will enable them to manage similar projects independently in the future. To equip Zambian youths with necessary… Read More Here
President Hichilema Breaks Ground on Lusaka-Ndola Dual Carriageway Project 6 Mining in Zambia Infrastructural Development Transport and Logistics 

President Hichilema Breaks Ground on Lusaka-Ndola Dual Carriageway Project

President Hakainde Hichilema officiated the groundbreaking ceremony for the Lusaka-Ndola dual carriageway, marking a historic milestone for Zambia. This major infrastructure initiative, under the Public-Private Partnership (PPP) model, aims to save government funds while significantly improving the nation’s road network. President Hichilema highlighted the project’s importance in enhancing Zambia’s transportation infrastructure. The Lusaka-Ndola dual carriageway is expected to increase travel safety, reduce travel times, and strengthen connectivity between key economic areas. “We are committed to enhancing transportation efficiency and fostering economic growth,” the President stated. He urged developers to ensure… Read More Here
DRC's $7 Billion Infrastructure Deal with China Tied to Copper Prices 7 Mining in DRC Copper Infrastructural Development 

DRC’s $7 Billion Infrastructure Deal with China Tied to Copper Prices

Details published on Friday reveal that around $7 billion in infrastructure investments by Chinese companies in the Democratic Republic of Congo (DRC) under a revised minerals deal will be closely tied to copper prices. President Felix Tshisekedi’s government pushed for a review of the 2008 infrastructure-for-minerals deal with Sinohydro Corp and China Railway Group to secure greater benefits for the DRC, known as the world’s largest cobalt producer. The revised agreement was signed in March. Under the terms of the new agreement, the parties have agreed to maintain the current… Read More Here
Epiroc Zambia announces plans to build a new facility in Chingola 8 Mining in Zambia Equipment & Technology Infrastructural Development Mining Equipment 

Epiroc Zambia announces plans to build a new facility in Chingola

Epiroc Zambia Limited is set to revolutionize the mining industry with the unveiling of its groundbreaking plans for a cutting-edge facility in Chingola, Zambia. Scheduled for the third quarter of 2024, the launch of this state-of-the-art facility marks a significant stride in Epiroc’s commitment to technological innovation and sustainable productivity. Comprising a comprehensive hub housing a training center, service center, workshop, warehouse, and administrative offices, the new facility aims to elevate skill development not only within Zambia but also across East, Central, and West Africa. Equipped with advanced technologies and… Read More Here
President Hichilema Commemorates Successful Rehabilitation of Chingola-Kasumbalesa Road 9 Mining in Zambia Infrastructural Development 

President Hichilema Commemorates Successful Rehabilitation of Chingola-Kasumbalesa Road

President Hakainde Hichilema has officially inaugurated the rehabilitated Chingola-Kasumbalesa Road, marking a significant achievement in Zambia’s infrastructure development strategy under the Public-Private Partnership (PPP) model. This milestone represents the first completion of a road project financed entirely by private sector funds, reflecting a prudent approach to safeguarding the national treasury, as highlighted by President Hichilema. The successful rehabilitation of the Chingola-Kasumbalesa Road sets a precedent for future infrastructure endeavors, including the ambitious Ndola-Lusaka dual carriageway, showcasing Zambia’s commitment to advancing its transportation network. With the road’s completion, travel delays and… Read More Here
DRC to Invest $7 Billion from Chinese Contract Revisit in Road Infrastructure 10 Mining in DRC Infrastructural Development 

DRC to Invest $7 Billion from Chinese Contract Revisit in Road Infrastructure

The Democratic Republic of Congo (DRC) aims to address its significant road infrastructure deficit by investing the entire $7 billion secured through renegotiating the SICOMINES contract with China. Freddy Yodi Shembo, Director General of the Agency for Steering, Coordination, and Monitoring of Collaboration Agreements, highlighted this strategy during a press briefing alongside Government Spokesperson Patrick Muyaya Katembwe on March 19, 2024. Shembo emphasized that while the funds may not cover the entire road network, priority would be given to integrative projects that enhance connectivity and foster development across the country.… Read More Here

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