Africa Mining: Zambia tax hike to make most mines unprofitable, group says

Africa Mining: Zambia tax hike to make most mines unprofitable, group says

More than half of the copper mines in Zambia, Africa’s second-biggest producer of the metal, will probably be unprofitable next year with thousands of jobs on the line, as the nation raises taxes for operators, the country’s biggest industry lobby group said.

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Africa Mining: Zambia targets 200 MW of solar power to reduce hydro dependency

Africa Mining: Zambia targets 200 MW of solar power to reduce hydro dependency

Zambia is seeking proposals from potential developers of solar power projects with a combined 200 MW capacity as it tries to diversify its energy mix away from hydroelectric power. Energy Minister Matthew Nkhuwa said in a statement at an investment conference on Tuesday that the 200 MW would be split into small projects, each with a maximum size of 20 MW. Zambia is heavily dependent on hydropower and faced electricity shortages following a drought in…

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Africa Energy: Zimbabwe power generation set to improve

Africa Energy: Zimbabwe power generation set to improve

Work on the much anticipated $5,2 billion Batoka Gorge Hydro Electricity project will soon commence after President Mnangagwa met officials from the main contractors, General Electric and Power China yesterday.

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Africa Oil & Gas: Zambia wants to be linked by oil pipeline to the Lobito Refinery in Angola

Africa Oil & Gas: Zambia wants to be linked by oil pipeline to the Lobito Refinery in Angola

A memorandum of understanding on oil and gas signed by Angola and Zambia could result in the construction of an oil pipeline between the two countries, costing an estimated US$5 billion, Angolan news agency Angop reported.

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