Oil Market Outlook: Surplus, Geopolitical Tensions, and Demand Slump Impacting Prices
Oil prices face pressure from growing global supply amid weaker demand, with Brent crude projected to decline to $80 per
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Energy
Zambia and India Strengthen Diplomatic Relations through 6th Joint Permanent Commission Session
Hon. Mulambo Haimbe, S.C, M.P., Zambia’s Minister of Foreign Affairs and International Cooperation, hosted Shri Kirti Vardhan Singh, India’s Minister
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U.S. Opens First-Ever Commercial Service Office in Zambia to Boost Trade and Investment
The United States has launched its first-ever Commercial Service office at the U.S. Embassy in Lusaka, aiming to strengthen trade
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African Development Bank Approves $8 Million for 25 MW Solar Plant in Zambia
The African Development Bank Group (AfDB) has approved an $8 million concessional loan to fund the development of the 25
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Mozambique Takes Major Step Towards Clean Energy with $54 Million Wind Farm Loan Approval
The African Development Bank (AfDB) has approved a $54 million loan to finance Mozambique’s first large-scale wind energy project. This
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MCTI Signs MoU with USAID to Boost Business Environment in Zambia
The Ministry of Commerce, Trade, and Industry (MCTI) has signed a Memorandum of Understanding (MoU) with the USAID Business Enabling
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Angola Hosts First-Ever National Climate Outlook Forum to Strengthen Climate Resilience Amid Drought Crisis
Angola held its first National Climate Outlook Forum (NCOF) from October 28-30, 2024, in Luanda aimed at combatting the escalating
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Namibia to Host 7th International Energy Conference in April 2025
The 7th edition of the Namibia International Energy Conference (NIEC) is set to take place from April 23 to 25,
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FQM Records 13% Surge in Q3 Copper Production, Expands Future Growth in Zambia
First Quantum Minerals (FQM) has announced a 13% increase in copper production for the third quarter of 2024, alongside a
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Zambia’s Inflation Surges Amid Pressure in Key Economic Sectors
Zambia’s inflation continues its upward trend, with annual inflation rates accelerating in October as the economy faces mounting pressure across
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