Search

Zambia Optimistic as Vedanta Takes Over Konkola Copper Mine

Allen dreyfus Logo
© Allen Dreyfus
  • $250 million secured for supplier payments
  • Stakeholders hopeful for economic boost

 

Lusaka, Zambia – Stakeholders in Zambia are hopeful that the takeover of Konkola Copper Mine (KCM) by Vedanta Resources will significantly boost the country’s economic prospects, given the vital role copper plays in the Central African economy.

Recent Business

Deputy Ethiopian Prime Minister Temesgen Tiruneh (right), Prime Minister Abiy Ahmed (centre) and Deputy Prime Minister Adem Farah review a new data system alongside senior government officials. Photo: Abiy Ahmed/X
Africa’s new sovereignty battle is over data. Why Ethiopia wants to lead it
Read More »
French president Emmanuel Macron and Kenyan leader William Ruto at the Africa Forward Summit. Photo @William Ruto/Facebook
Can France and Kenya sell Africa’s first-loss financing model to the G7?
Read More »
Nigeria President Bola Tinubu. Photo @Bola Tinubu/Facebook
Why Nigeria’s first ratings upgrade since 2012 tests Tinubu’s painful reform gamble
Read More »

Recent Politics

French President Emmanuel Macron in Africa recently. Photo @Emmanuel Macron/Facebook
Will France’s €23bn Africa pledge finally deliver beyond summit diplomacy?
Read More »
Uganda opposition leader Robert Kyagulanyi, alias Bobi Wine. Photo: National Unity Platform/Facebook
What shapes the politics of Bobi Wine, Uganda’s “Ghetto President”
Read More »
South Africa President Cyril Ramaphosa hosts the G20 Summit. Photo: G20 Summit Flickr
Why South Africans are far less tolerant of migrants than before
Read More »

Latest Posts

Latest news insights