The IMF is in talks with Zambia to boost financing for the country, which faces its worst drought on record trib.al/z45m2Hw

Sub-Saharan Africa could produce almost $2 trillion of metals required for the energy transition by 2050, according to the IMF trib.al/UGEU4Wp

UAE giant eyes majority stake in Vedanta's Zambian mines in expansion drive m.economictimes.com/industry/indl-… via Economic Times

Govt suspends duty on imported maize To ensure that Zambians have adequate food, Cabinet has approved the suspension of applicable import duty of 15% and surtax of 5% on the importation of maize to zero.

The IMF more than halved its 2024 economic growth forecast for Zambia as the worst drought in more than four decades hits farming and electricity production trib.al/tmzxajB

Zambia’s international bondholders should quickly complete the restructuring of the notes after the government announced the start of the process, says IMF Managing Director Kristalina Georgieva trib.al/6LSQJMW

Zambia has asked for about $400 million in additional financing from the IMF to deal with its worst drought in at least four decades trib.al/ZRLGuPu

Zambia says China's JCHX will invest $300 mln in Lubambe copper mine reut.rs/4bMAd6w

(FORWARDED AS DELIVERED) ZAM STATEMENT ON #DRC's BAN OF IMPORT OF #LIME, #BEERS & #SOFT_DRINKS FROM #ZAMBIA.

Southern African nations are looking to South America for costly corn imports after an historic drought wiped out crops trib.al/lv2vtrI

Here we grow again. We are in the process of establishing our presence in the UAE. We have since met all statutory requirements to register Transcon Global LLC in Dubai. We are now moving to the next stage of setting up offices and a warehouse for storage of our commodities .

We have opened a full-fledged trading office in the United Arab Emirates, UAE with the sole aim of importing and exporting commodities as well as  Fast-Moving Consumer Goods (FMCG) between Africa and the rest of the world via our UAE office.

Transcon Pharmaceutical Limited is a subsidiary of Transcon Global whose goal is to improve healthcare outcomes for patients in Zambia through the supply and distribution of affordable pharmaceutical products.

The first US shipment of copper from mines in the Democratic Republic in Congo to be transported by the Lobito Atlantic Railway has loaded trib.al/b3yuYqv

Saudi Aramco, Abu Dhabi National Oil and commodities trader Trafigura are among suitors competing to buy Shell’s service stations in South Africa, sources say trib.al/afGE8kB

The MCC Board has approved the Côte d’Ivoire Regional Compact ($300M) to boost energy trade and strengthen the electrical grid, and the Zambia Compacts ($458M) to grow agriculture by lowering transport costs and increasing financing access. 👉Read More: mcc.gov/news-and-event…

Zambia will establish a sovereign wealth fund next year to shield the country from financial shocks trib.al/lK578C7

First Quantum Minerals Ltd. - First Quantum Announces $1.0 Billion Gold Stream First Quantum will receive a $1.0 billion upfront cash payment in exchange for gold deliveries referenced to copper production from the Kansanshi Mine (“Kansanshi”). first-quantum.com/English/announ…

Over One Million Zambians to be Connected to Electricity by 2030 Under New Energy Access Project worldbank.org/en/news/press-… via WorldBank

China to implement zero tariffs on imports from 53 African countries timeslive.co.za/news/africa/20…