Authentix, a global authentication and information services company has been picked by The Energy Regulation Board of Zambia as its technology and services partner to combat the illicit trade of refined fuels.
David Mbuta is the founder of Ubuntu Meal Delivery Services Ltd, a Zambian startup that is riding on a burgeoning working class conscious about their health and looking for convenience.
Sterling and Wilson, global solar company has been chosen to construct Zambia’s largest solar plant, of capacity 54.3 Megawatt peak.
Mercury Asset Partners, a multinational financing and logistics company says it has mobilized $600 million for the implementation of various infrastructure and investment projects in Zambia.
International Finance Corporation increases reach of index insurance for smallholder farmers in Zambia
International Finance Corporation, a member of the World Bank Group, has unveiled a grant extension to Mayfair Insurance Company Zambia Limited, to support Mayfair in scaling up its weather-based index insurance product line in Zambia.
Ethiopian Airlines is pleased to announce that it has finalized shareholders agreement with the Government of Zambia for the re-launch of Zambia Airways.
A U.S. based company, RD Global, working with a Japanese company, Mera Group Corporation, plans to set up a manufacturing plant of energy renewable products in Zambia in an effort to mitigate the energy deficit in the region.
IFC, a member of the World Bank Group, has finalized financing for the construction of Zambia’s first large-scale solar power plant – the first project to be developed, tendered, awarded, and financed under the World Bank Group’s Scaling Solar program.
Clinigen Group has extended its exclusive agreement with Eisai Europe to obtain the marketing authorisation and subsequently launch Halaven (eribulin), Fycompa (perampanel) and Lenvima (lenvatinib) into 10 African countries.
For bond investors, Africa was a happy hunting ground last year. Its local-currency and dollar securities easily outperformed those of emerging markets overall as investors piled into a continent offering high yields and starting to recover from the commodity bust of three years ago.
The World Bank Group has approved an International Development Association guarantee of up to $2.8m that will support Zambia in increasing its solar photovoltaic electricity generation capacity and diversify the country’s primary energy sources.
About five dozen Zambian cotton farmers, ginners, oil crushers and government officials have drafted an action plan to boost the production of cotton by-products, such as briquettes and pellets for fuel made from cotton stalks.
Luambe National Park in Zambia has achieved a conservation milestone this week as it became the most carbon neutral National Park in the world.
CEC Liquid Telecommunications, part of the leading pan-African telecoms group Liquid Telecom, is helping to accelerate Zambia’s emerging gaming and Internet of Things ecosystem through a new partnership with BongoHive; Zambia's first innovation and technology hub.
The Board of Directors of the African Development Bank Group (AfDB) has approved $ 25 million in Kwacha equivalent to Zambia National Building Society (ZNBS).
Aon Plc the global professional services firm providing a broad range of risk has confirmed it has completed the sale of its shareholding in its employee benefit, insurance and reinsurance brokerage operations in Kenya, Lesotho, Malawi, Namibia, Uganda and Zambia.
The Government of Zambia has launched its National Financial Inclusion Strategy, and its Financial Sector Development Policy, and Financial Capability Survey Report with support from the World Bank Group.
Zambia has become the first Southern African member country of Africa Finance Corporation (AFC), a leading development finance institution for infrastructure in Africa.
The savannahs of Africa cover a mind-boggling 600 million hectares, of which 400 million hectares are cultivable, the President of the African Development Bank, Akinwumi Adesina, has said.
COMESA has signed a Memorandum of Understanding (MoU) with the Consumer Unity and Trust Society (CUTS) International Zambia.
Kapsch TrafficCom’s joint venture with Zambian Lamise Trading Limited has been awarded a nation-wide concession contract by the Zambian Government .
First Quantum Minerals Ltd has updated details of its operations in the Kansanshi complex and Sentinel mine in Zambia
Switzerland and Zambia have signed a new double taxation agreement (DTA) in the area of taxes on income.
[Zambia] AgDevCo invests $5 million in Katito Farming to stimulate investment in agricultural value chain
AgDevCo, a social impact agribusiness investor, has invested $5.05m investment into Katito Farming Enterprises Limited (Katito).
United Bank for Africa Zambia (UBA) has launched the first Mastercard debit card in Zambia to financially empower its citizens.
PlantCatalyst partners with iDE to reduce Zambian farmers' reliance on chemical fertilizers and increase yield per hectare
PlantCatalyst® has entered into a partnership with iDE, to help farmers in Zambia reduce their reliance on chemical fertilizers and increase profit and yield per hectare.
Bolloré Logistics Zambia has been awarded the tender contract for the distribution of lubricants by TOTAL Zambia. The contract was awarded for a period of five years renewable.
African reputation and crisis management company Vuma Reputation Management has signed memorandums of understanding with four leading African communications agencies, boosting its footprint across the continent.
More than 61,000 smallholder farmers will benefit from a financial agreement signed between the International Fund for Agricultural Development (IFAD) and Zambia.
The Zambian economy has continued its recovery in 2017, but the stronger growth and better macroeconomic indicators have not resulted in an improvement in the fiscal indicators.
African Property Group is launching eight new websites in emerging African nations that will allow the populations to search for properties, using their computers or mobile phones.
Earlier this year, Cleantech Invest portfolio company Nocart announced the signing of a $200 million contract to develop a solar hybrid power plant in the Shangombo District of Western Province, Zambia
fastjet has increased the number of flights on its route between Johannesburg and Harare, and launched a fifth seasonal flight from Harare to Victoria Falls.
During the Africa Energy Forum, the U.S. Trade and Development Agency signed a grant aimed at increasing electricity access in Zambia.
A gravel road snaking through an open swath of land outside Ndola in Masaiti has no distinct name, but as one completes its 10-kilometre stretch, one name becomes clear – Dangote.
The World Bank's Board of Executive Directors has approved a $ 200 million International Development Association (IDA) credit under the IDA17 Scale-up Facility for Zambia to improve selected rural roads in six of Zambia’s ten provinces. Government will finance the remaining four provinces.
Syngenta in Zambia, through its subsidiary MRI Seed, has partnered with the Feed the Future Partnering for Innovation, a United States Agency for International Development (USAID) programme implemented by Fintrac Inc., to help smallholder farmers gain access to high-quality, disease-free horticultural seedlings, giving them the opportunity to become commercially viable vegetable farmers.
International Finance Corporation, a member of the World Bank Group, and the OPEC Fund for International Development (OFID) today announced an investment of $10 million each in Metalco Industries Company Limited, a Zambian company that recycles metal scrap to manufacture copper cables, lead-acid batteries, aluminum sheets and utensils.
Peter Kahihu is Executive Director of the Programs Execution at Balanced Scorecard Institute EMEA. He is a veteran in the field of strategy execution and author of four best selling books on Strategic Planning, Balanced Scorecard, Government Performance Management and Public Sector Reforms.
South African based payments service provider Zoona has raised US$1 million from the International Finance Corporation (IFC) and the MasterCard Foundation to strengthen the reach of its mobile banking services in Zambia.
Infrastructure Project Preparation Facility approves $3.88 million to DRC, Mozambique and Zambia for power projects
The NEPAD-IPPF (Infrastructure Project Preparation Facility) has approved $3.88 million in grants to the Governments of the Democratic Republic of Congo (DRC), Mozambique and Zambia to finance completion of regional projects preparations.
Zambia has called for increased international cooperation to achieve sustainable transportation at national and regional level.
[Zambia] Mercy Corps and Mastercard Foundation deepen financial inclusion with AgriFin Acelerate project
Mercy Corps, in partnership with The MasterCard Foundation, has launched AgriFin Accelerate in Zambia; one of three countries in Africa where the program will operate. AgriFin Accelerate will help close the gap in access to financial and information services experienced by smallholder farmers, especially women and youth.
Rating agency Standard and Poor’s says the Zambian government’s financing position remains very tight, with access to external debt markets and available domestic capacity both limited.
Vodafone Zambia has announced a partnership with South African food retail chain Shoprite, that allows the 4G internet provider to set up shop-in-shop stores at various Shoprite outlets.
This is Zambia’s second engagement with Scaling Solar and it follows successful auctions held in May 2016 for two solar PV plants of up to 50 MW each that attracted some of the world’s top renewable energy developers.
Zambian-Russian Intergovernmental Agreement on cooperation in construction of the Center for Nuclear Sciences and Technology
During the recent visit of the Zambian delegation to Moscow, the Government of the Republic of Zambia and the Government of the Russian Federation signed an intergovernmental agreement on cooperation in the construction of the Center for Nuclear Sciences and Technology in Zambia.
The UK and Zambia have signed an Energy Africa Partnership Agreement, announcing their commitment to accelerate the expansion of the household solar market across Zambia
Zambia has received $620,00 for the construction of a modern bus station in Southern Province’s provincial capital Choma.