by afrikanfrontier | Oct 6, 2023 | Finance, News, Politics
As the IMF prepares to hold its annual meetings in Africa for the first time in 50 years, Managing Director Kristalina Georgieva is striving to convince the public that the institution is now a strong partner for the continent. She touts expanded financial assistance...
by afrikanfrontier | Oct 6, 2023 | Business, News, Politics
An $850 million road development project connecting the Democratic Republic of Congo’s (DRC) copper and cobalt mining region to East Africa’s Indian Ocean coast has broken ground. The presidents of DRC and Zambia officiated a ceremony to launch the...
by afrikanfrontier | Oct 6, 2023 | Business, News, Politics
In other positive economic news for Zambia, Barrick Gold recently announced plans to invest nearly $2 billion to expand its Lumwana copper mine. The Canadian mining giant aims to turn Lumwana into a “super pit” operation by developing two new large-scale...
by afrikanfrontier | Oct 6, 2023 | Finance, News, Politics
The Zambian government is optimistic that an agreement can be reached with its official creditor committee to restructure $6.3 billion of external debt by the end of the International Monetary Fund (IMF) gathering in Marrakesh, Morocco this week, according to sources...
by afrikanfrontier | Sep 26, 2023 | News, Politics
Mali’s military government has cited vague “technical reasons” to slightly postpone presidential elections that were slated for February 2024, stirring concerns over their commitment to restoring civilian rule. The already delayed vote was...