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.
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.
Africa’s richest man, Aliko Dangote, plans to invest in the energy and agricultural sectors of Zambia. Dangote made this known on Sunday when he paid a courtesy call to Zambian President, Edgar Lungu, in Lusaka.
Zambian President, Edgar Lungu has lauded the business ingenuity of the President of Dangote Group, Aliko Dangote saying his business expansion across Africa is worthy of emulation by African businessmen in the task of continental development.
Dangote Industries says the USD400 million cement plant in Masaiti district on the Copperbelt will be commissioned by the end this month.
UNICEF and Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, have entered a partnership agreement to expand their collaboration across 17 countries in Africa. The partnership aims at improving Africa’s population access to health and education-related information whilst pushing forward various innovative projects supported by UNICEF. Sharad Sapara, Director of UNICEF’s Innovation Centre and Christian de Faria, MD & CEO, Airtel Africa exchanging contracts.
Standard Chartered Bank has been named 'Best Bank in Zambia' by three awarding bodies
THE European Investment Bank (EIB) has provided K33.75 million to Madison Finance Company Limited (Mfinance) for the growth of the micro and small business enterprises across the country.
Proflight Zambia has recently achieved silver status under the internationally recognised Basic Aviation Risk Standard (BARS) audit system, confirming its status as a world-class airline.
Experts have recommended the formalization of the Zambia-Malawi-Mozambique Growth Triangle (ZMM-GT) by member States in the participating region. This was contained in an outcome statement of a two day review meeting held in Maputo, Mozambique from 8-9th December to discuss a way forward for the near defunct initiative.