by afrikanfrontier | Sep 13, 2023 | Business, News
LUSAKA, Zambia – A settlement has been reached between mining giant Vedanta Resources and state-owned ZCCM Investments in their prolonged legal battle over a valuable Zambian copper asset, the Konkola mining complex. However, the resolution in favour of...
by afrikanfrontier | Aug 25, 2023 | Business, News
Lusaka, Zambia – Vedanta Resources founder Anil Agarwal said the company is prepared to pay $250 million in outstanding debts and invest $1 billion to upgrade its seized copper assets in Zambia, in what appears to be an attempt to lobby for the return of its...
by afrikanfrontier | May 31, 2023 | Business, News, Politics
Congolese President Felix Tshisekedi embarked on a diplomatic mission to Beijing to meet with Chinese President Xi Jinping, aiming to revitalise the long-standing partnership between the two nations. With trade volumes reaching tens of billions of dollars annually,...