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ZEMA Approves $627 Million in Development Projects to Drive Sustainable Growth 20 Mining in Zambia Environment Social Governance (ESG) Mining Policy 

ZEMA Approves $627 Million in Development Projects to Drive Sustainable Growth

Constance
The Zambia Environmental Management Agency (ZEMA) has approved 115 development projects with a combined investment value of $627 million, following the 33rd Environmental Assessment Committee (EAC) meeting held in June 2025. The approved projects span key sectors crucial to Zambia’s economic advancement, including mining (51 projects), mineral processing (22), infrastructure development (18), manufacturing and processing (17), and agriculture, forestry, and tourism (7). The approvals highlight the country’s continued focus on inclusive and environmentally responsible development. Among the major projects greenlit is the construction of a ZAMMSA Regional Medical Warehouse in… Read More Here
First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair 21 Mining in Zambia Corporate News Events & Expos 

First Quantum Minerals Empowers Zambian SMEs at 2025 Trade Fair

Constance
First Quantum Minerals (FQM) has reaffirmed its commitment to Zambia’s economic transformation by sponsoring 27 local Small and Medium-sized Enterprises (SMEs) to participate in the 2025 Zambia International Trade Fair in Ndola. This initiative supports the Government’s efforts to boost local content and strengthen business resilience, in line with the fair’s theme: “Enhancing Business Resilience through Innovation and Trade.” FQM’s sponsorship is part of its broader Supplier Development Programme, which aims to empower Zambian businesses within the mining value chain. The programme offers mentorship, access to finance, skills development, and… Read More Here
Zambia’s Economy Shows Steady Growth with Positive Outlook 22 Mining in Zambia Economy 

Zambia’s Economy Shows Steady Growth with Positive Outlook

Constance
Finance and National Planning Minister Dr. Situmbeko Musokotwana has announced that Zambia has recorded consistent economic growth over the past three years, with projections indicating continued improvement in the years ahead. Speaking in Lusaka during the launch of the Zambia Economic Outlook Report, Dr. Musokotwana highlighted that the country’s economic prospects remain favourable. The report notes that while Zambia’s outlook is positive, further diversification of the economy is essential to mitigate potential risks. It also underscores the country’s potential to drive growth by leveraging its rich endowment of energy transition… Read More Here
DRC–Rwanda Peace Agreement Celebrated During Osaka Economic Briefing 23 Mining in DRC Regional conflict 

DRC–Rwanda Peace Agreement Celebrated During Osaka Economic Briefing

Constance
DRC Hails Historic Peace Accord with Rwanda During Economic Forum in Japan On the sidelines of the DRC–Japan Economic Forum in Osaka, a special briefing was held by Patrick Muyaya, the Democratic Republic of Congo’s Minister of Communication and Media. He was joined by Minister of Foreign Trade Julien Paluku and the DRC Ambassador to Japan, Professor Lukumwena Nsenda. The briefing came just one day after the signing of a historic peace agreement between the Democratic Republic of Congo and Rwanda, witnessed in Washington, D.C., by former U.S. President Donald… Read More Here
DRC Launches $257 Million Railway Modernization Project to Boost Regional Connectivity 24 Mining in DRC Infrastructural Development 

DRC Launches $257 Million Railway Modernization Project to Boost Regional Connectivity

Constance
DRC Signs $257M Railway Deal to Modernize Kisangani–Ubundu Line and Boost Regional Trade The Democratic Republic of Congo (DRC) has taken a significant step toward revitalizing its national railway network with the signing of a $257 million concession contract on Friday, July 4, 2025. The agreement focuses on the rehabilitation and modernization of the 115-kilometer Kisangani–Ubundu railway line in the country’s northeast. The official signing ceremony was presided over by the Deputy Prime Minister and Minister of Transport, Communication Channels, and Accessibility. The event marked the formal launch of the… Read More Here
TFM Finalizes Major Railway Diversion to Boost Mining Operations in Fungurume 25 Mining in DRC Corporate News Infrastructural Development 

TFM Finalizes Major Railway Diversion to Boost Mining Operations in Fungurume

Constance
On June 25, 2025, Tenke Fungurume Mining (TFM) officially completed the technical handover of a key infrastructure project: the nearly 4-kilometer diversion of the RR2 railway section within its mining concession. This rerouting, fully funded by TFM, enables access to new strategic mineral deposits critical to the company’s expansion. Initiated in 2021, the project was driven by the need to realign the existing railway operated by the Société Nationale des Chemins de fer du Congo (SNCC), which intersected with a significant portion of the newly identified deposit. With the approval… Read More Here
IMF Approves $261.9 Million Disbursement to DRC Following First Review of Credit Program 26 Mining in DRC Economy 

IMF Approves $261.9 Million Disbursement to DRC Following First Review of Credit Program

Constance
IMF Disburses $261.9M to DRC After ECF Review, Backing Economic Stability and Reform On July 2, 2025, the Executive Board of the International Monetary Fund (IMF) approved the first review of the Extended Credit Facility (ECF) program for the Democratic Republic of Congo (DRC), resulting in an immediate disbursement of $261.9 million. This funding aims to support macroeconomic stability and expand the government’s fiscal space for public investment. Despite ongoing security challenges in the eastern provinces, the Congolese economy has demonstrated resilience: GDP growth is holding strong at 6.5% Inflation… Read More Here
DRC-Rwanda Peace Agreement Marks Security Milestone with Key Economic Implications 27 Mining in DRC Governance Regional conflict 

DRC-Rwanda Peace Agreement Marks Security Milestone with Key Economic Implications

Constance
DRC-Rwanda Peace Deal Unlocks Economic Opportunities Through Security Stabilization Although not a traditional economic or trade accord, the peace agreement signed on June 27, 2025, in Washington between the Democratic Republic of Congo (DRC) and Rwanda carries significant economic potential, rooted in its political and security objectives. This was highlighted during a government briefing held on Thursday, July 3, 2025, in Kinshasa. “This agreement is not an economic treaty with the United States, nor a bilateral trade deal with Rwanda,” stated Thérèse Kayikwamba, Minister of State for Foreign Affairs, during… Read More Here
DRC Gold Trading SA Injects $27M into Maniema by Formalizing Artisanal Gold Trade 28 Mining in DRC Gold 

DRC Gold Trading SA Injects $27M into Maniema by Formalizing Artisanal Gold Trade

Constance
$27M Boost from DRC Gold Trading SA in Two Months Between March 25 and May 25, 2025, DRC Gold Trading SA achieved a significant milestone in the Maniema province of the Democratic Republic of Congo by channeling over 280 kilograms of artisanal gold through official and traceable circuits. This initiative resulted in the injection of more than $27 million into the local economy of Kindu, primarily through banked payments to local gold traders. This operation marks a turning point for Maniema’s economy, which has long been dominated by informal and… Read More Here
India Unveils Strategic Plan to Boost Copper Output and Secure Global Supply Chain 29 Copper International 

India Unveils Strategic Plan to Boost Copper Output and Secure Global Supply Chain

Constance
India Plans Major Copper Expansion by 2047 with Global Partnerships and Investment Incentives India has announced a comprehensive strategy to ramp up copper production, reduce its dependency on imports, and secure long-term access to global copper reserves. The plan includes inviting foreign companies to establish smelters and refineries in India in exchange for state-owned enterprises investing in overseas mining operations. According to a newly released government policy document—portions of which were first reported by Reuters—India, currently the world’s second-largest importer of refined copper, may need to import between 91% and… Read More Here

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