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Tag: ZAMBIA

Companies

China’s CCECC Invests $1.4 Billion in Tanzania-Zambia Railway Upgrade

March 21, 2025March 21, 2025 - by Liam Nguyen - Leave a Comment

The China Civil Engineering Construction Corporation will invest $1.4 billion to upgrade the Tanzania-Zambia railway (TAZARA) through a 30-year concession. This investment is crucial for facilitating copper exports from central …

China’s CCECC Invests $1.4 Billion in Tanzania-Zambia Railway Upgrade Read More
Business

Zambia’s Record-High Foreign-Exchange Reserves Fail to Stabilize Currency

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

Zambia’s foreign-exchange reserves have reached new heights at $4.31 billion; however, the currency struggles due to ongoing drought and increased import demands. The kwacha has depreciated significantly, making it Africa’s …

Zambia’s Record-High Foreign-Exchange Reserves Fail to Stabilize Currency Read More
Business / Companies

Zambia’s Kwacha Faces Pressure While Other African Currencies Seek Stability

March 21, 2025March 21, 2025 - by Allegra Nguyen - Leave a Comment

Zambia’s kwacha experiences pressure from rising US dollar demand linked to increased imports, leading to potential depreciation risks. In contrast, countries such as Kenya, Nigeria, Ghana, and Uganda are successfully …

Zambia’s Kwacha Faces Pressure While Other African Currencies Seek Stability Read More
Companies

Mozambique and Zambia Enhance Energy Cooperation through Interconnection Agreement

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

Mozambique and Zambia have signed an agreement to interconnect their energy systems, promoting electricity supply in the Southern Africa Development Community. This $411.5 million project will be implemented by EDM …

Mozambique and Zambia Enhance Energy Cooperation through Interconnection Agreement Read More
Football

Russian National Team Dominates Grenada with 5-0 Victory

March 20, 2025March 20, 2025 - by Liam Nguyen - Leave a Comment

The Russian national football team demonstrated their skills with a commanding 5-0 victory over Grenada on March 19, 2025, at the VTB Arena. Daniil Fomin scored a pivotal goal, illustrating …

Russian National Team Dominates Grenada with 5-0 Victory Read More
Companies

CCECC to Enhance Tanzania-Zambia Railway with $1.4 Billion Investment

March 20, 2025March 20, 2025 - by Marcus Chen - Leave a Comment

The China Civil Engineering Construction Corporation will invest $1.4 billion to upgrade the Tanzania-Zambia Railway, enhancing a crucial route for copper exports and addressing logistical issues encountered within South Africa. …

CCECC to Enhance Tanzania-Zambia Railway with $1.4 Billion Investment Read More
rugby

Brave Warriors Gear Up for Crucial Match Against Flames of Malawi

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

The Brave Warriors will face the Flames of Malawi in a crucial Group H match today at 18:00. Coach Collin Benjamin has selected a strong 24-player squad led by star …

Brave Warriors Gear Up for Crucial Match Against Flames of Malawi Read More
Companies

CCECC to Invest $1.4 Billion in Tanzania-Zambia Railway Upgrade

March 20, 2025March 20, 2025 - by Carmen Mendez - Leave a Comment

The China Civil Engineering Construction Corporation (CCECC) will invest $1.4 billion to upgrade the Tanzania-Zambia railway under a 30-year concession. This investment is critical for easing logistics bottlenecks in South …

CCECC to Invest $1.4 Billion in Tanzania-Zambia Railway Upgrade Read More
Companies

China’s $1.4 Billion Investment to Upgrade TAZARA Railway

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

China Civil Engineering Construction Corp (CCECC) is investing $1.4 billion to modernize the TAZARA railway line linking Zambia’s copper mines to Tanzania’s largest port, aiming to address existing operational challenges, …

China’s $1.4 Billion Investment to Upgrade TAZARA Railway Read More
Climate change

Environmental Catastrophe in Zambia Following Acid Leak from Chinese Mine

March 20, 2025March 20, 2025 - by Allegra Nguyen - Leave a Comment

An acid leak from a Chinese-operated mine in Zambia has severely polluted the Kafue River, affecting millions. The incident has been described as an environmental tragedy, prompting governmental responses and …

Environmental Catastrophe in Zambia Following Acid Leak from Chinese Mine Read More

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