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Zambia Records First Inflation Decline in Over a Year 1 Mining in Zambia Economy 

Zambia Records First Inflation Decline in Over a Year

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For the first time since July 2023, Zambia’s annual inflation rate has declined, offering some much-needed economic relief. Reports indicate that in March 2025, inflation dropped to 16.5%, down from 16.8% in February. The announcement was made by Acting Statistician-General Sheila Mudenda on Thursday in Lusaka. A key driver of the decline was a drop in food prices, particularly for essentials such as bread and cereal. This was largely due to increased rainfall following one of the worst droughts in nearly a century. Food price inflation fell to 18.9% in… Read More Here
LAND-LINKED ZAMBIA CONFERENCE LINKING SECTORS THROUGH TRANSPORT AND LOGISTICS 2 Transport and Logistics Sponsored Content 

LAND-LINKED ZAMBIA CONFERENCE LINKING SECTORS THROUGH TRANSPORT AND LOGISTICS

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Land linkages play a critical role in Africa’s economic development by facilitating trade, investment, and regional integration. As a continent rich in resources but challenged by infrastructure deficits, Africa’s road networks are critical for connecting markets, reducing costs, and improving the movement of goods and people. Strengthening land linkages has become a key driver for road infrastructure growth, shaping the continent’s future development. Chimwemwe Nyirenda, the Co-Founder and CEO of Africast Zambia Limited, producers of the premier Land-Linked Zambia Conference believes that through a multi- sectorial approach, the Land-Linked conference… Read More Here
Zambia’s CEC to Invest $500 Million in Power Transmission and Solar Expansion 3 Mining in Zambia Energy 

Zambia’s CEC to Invest $500 Million in Power Transmission and Solar Expansion

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Zambia’s Copperbelt Energy Corporation (CEC) plans to invest $500 million over the next two years to expand its power transmission infrastructure. The investment will focus on increasing solar power output and doubling the capacity of its crucial transmission line to the Democratic Republic of Congo (DRC). CEC, which operates the only transmission link between the DRC and the Southern African Power Pool (SAPP), intends to raise power transfer capacity from 250 MW to 550 MW. This expansion aims to enhance regional energy security and meet the growing industrial demand in… Read More Here
Zambia Secures $120 Million from World Bank to Boost Digital Infrastructure and Innovation 4 Mining in Zambia Economy 

Zambia Secures $120 Million from World Bank to Boost Digital Infrastructure and Innovation

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Zambia has secured $120 million in funding from the World Bank’s Digital Development Partnership to advance its Digital Public Infrastructure (DPI) agenda, Minister of Science and Technology Felix Mutati announced. Speaking at the Global Digital Summit in Washington, D.C., Mutati highlighted that the funds will support AI development, expand connectivity, and promote digital skills training. This financial support builds on Zambia’s Digital Zambia Acceleration Project (DZAP), which previously received $100 million from the World Bank to develop a strong digital ecosystem for public service delivery. Mutati emphasized the importance of… Read More Here
Zambia Applauds FQM Minerals for Advancing Gender Equality in Mining 5 Mining in Zambia 

Zambia Applauds FQM Minerals for Advancing Gender Equality in Mining

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The Zambian government has commended First Quantum Minerals (FQM) for its ongoing efforts to promote gender equality within the mining sector, ensuring that women and girls have equal opportunities to contribute to the country’s economic development. Speaking at the 2025 International Women’s Day celebrations, under the theme “For All Women and Girls: Rights. Equality. Empowerment,” Vice President W.K. Mutale Nalumango praised FQM for creating more job opportunities for women, noting that many women are now employed as equipment operators at the company. Mrs. Nalumango reiterated the government’s commitment to gender-responsive… Read More Here
Zijin Mining Sees 52% Profit Growth Amid Rising Copper and Gold Prices 6 International Copper Corporate News Gold 

Zijin Mining Sees 52% Profit Growth Amid Rising Copper and Gold Prices

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Zijin Mining Group, China’s largest metals producer, reported a 52% surge in profit for the past year, driven by higher copper and gold prices, as well as increased production. Net income rose to 32.1 billion yuan ($4.4 billion), while sales climbed 3.5% to 303.6 billion yuan, according to an exchange filing. The company had initially expected earnings to increase by 53%, reaching 32 billion yuan. Over the past decade, Zijin has expanded aggressively, becoming a significant global copper supplier through major new projects in the Democratic Republic of Congo and… Read More Here
DRC's Tin Exports Surge in 2024 Amid Growing Global Demand 7 Mining in DRC Economy Tin 

DRC’s Tin Exports Surge in 2024 Amid Growing Global Demand

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The mining sector in the Democratic Republic of Congo (DRC) saw significant revenue from tin exports in 2024. According to the Ministry of Mines’ annual report, the country exported 42,953 tonnes of tin, generating an estimated USD 512.9 million in revenue from international markets. As a major player in the global tin market, the DRC continues to assert its dominance, particularly in the electronics and metallurgical industries. Of the total exports, industrial production accounted for 27,100.10 tonnes, bringing in around USD 350.2 million. The Alphamin Bisie company leads the sector,… Read More Here
Gold M&A Activity Set to Surge in 2025 Amid Rising Prices and Limited Discoveries 8 Gold International 

Gold M&A Activity Set to Surge in 2025 Amid Rising Prices and Limited Discoveries

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As in 2023 and 2024, when gold dominated global mining mergers and acquisitions (M&A), the trend is expected to continue in 2025. Experts predict that the rising price of gold and the limited number of major gold discoveries will keep gold at the forefront of M&A activity in the mining sector. Earlier today, South Africa’s Gold Fields announced a $2.1 billion proposal to acquire Australian Gold Road Resources. Although the proposal was swiftly rejected by Gold Road’s board of directors, it highlights the ongoing wave of M&A activity in the… Read More Here
DRC Diamond Exports Generate $89 Million in 2024 with Significant Growth in Volume 9 Diamond Economy Mining in DRC 

DRC Diamond Exports Generate $89 Million in 2024 with Significant Growth in Volume

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Diamond exports from the Democratic Republic of Congo (DRC) generated $89 million in revenue in 2024, according to the latest statistics from the Ministry of Mines. The total exports amounted to 9,240,714.14 carats during the year. An analysis of the Ministry’s 2024 annual report reveals a growth of 11.26% in diamond exports compared to 2023, when exports totaled 8,305,796 carats. The report indicates that artisanal mining dominated diamond production in the DRC, with over 6,353,613.89 carats produced, yielding $56.2 million in revenue. Among the key artisanal diamond counters, MALABAR led… Read More Here
DRC Gold Exports Reach $1.5 Billion in 2024 Despite Decline in Artisanal Mining 10 Gold Artisanal mining Economy Mining in DRC 

DRC Gold Exports Reach $1.5 Billion in 2024 Despite Decline in Artisanal Mining

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The Democratic Republic of Congo (DRC) exported a total of 27.9 tonnes of gold in 2024, generating approximately $1.5 billion in revenue, according to the annual report from the Technical Unit for Coordination and Mining Planning of the Ministry of Mines. Kibali Gold was the leading contributor, accounting for more than 26 tonnes of gold worth over $1.3 billion. In contrast, MCCR exported only 102.92 kg, generating an estimated $7.6 million in revenue, while Kimia Mining exported 5.72 kg, yielding $496,589. Kibali Gold remains the dominant force in the DRC’s… Read More Here

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