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Ndola Refinery Jobs Push: Zambia Development Agency and ZPEC have signed a landmark Investment Promotion and Protection Agreement for a $500m-plus Ndola oil refinery, expected to create 3,500 jobs—2,200 during construction and 700-plus once operational—while supporting copper production targets. Kwacha Support from Mining: Bank of Zambia says the kwacha’s near 15% Q1 appreciation was driven by strong mining foreign-exchange inflows, with mining tax remittances and wider liquidity boosted by foreign financial institutions. Cross-Border Finance Moves: Ghana, Rwanda and Zambia are testing a unified digital trade corridor to speed up cross-border payments in local currencies, aiming to cut delays and costs. Regional Trade and Security: Botswana and Tanzania denied retaliatory border-closure claims tied to anti-migrant tensions in South Africa. Mining Growth Signals: Prospect Resources says Phase 3 drilling and an upgraded Mumbezhi resource estimate lift copper and expand gold and cobalt potential. Transport Updates: TAZARA will suspend Mukuba cross-border passenger train services for one week for maintenance. Business Watch: Dubai-based Averi Finance is in talks for a reverse takeover to list in Johannesburg.

Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.

AGP Wire

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May 14, 2026

Qingdao Chary markets FAW trucks as a leading 2026 export supplier

EIN Presswire

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May 13, 2026

Ovation Global DMC expands Africa portfolio to 15 destinations

EIN Presswire

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May 7, 2026

Shuangfeng expands OEM switchgear supply for global power projects

EIN Presswire


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Government now turns to bonds to finance road projects

Government now turns to bonds to finance road projects

AUDA-NEPAD and Mashatile call for swifter action on African economic integration

AUDA-NEPAD and Mashatile call for swifter action on African economic integration

Call for swift action on African economic integration from AUDA-NEPAD

Call for swift action on African economic integration from AUDA-NEPAD


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May 20, 2026

COMESA, EU Hold High-Level Talks in Lusaka

MENAFN

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4 hours ago

Installation of Acrow Bridges Throughout Angola is Underway

GlobeNewswire, Inc.

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4 hours ago

Installation of Acrow Bridges Throughout Angola is Underway

EIN Presswire

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May 6, 2026

Zambia Pushes Back Against US Over Alleged Conditions in Aid Proposal

MENAFN

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May 5, 2026

Zambia Slams Outgoing US Envoy’s Remarks as Undiplomatic, Disrespectful

MENAFN

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Apr. 15, 2026

Zambia to Sacrifice USD200 Million in Tax Income

MENAFN

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