According to consulting group PwC's just-released annual Africa Oil & Gas Review, the outlook for the continent's oil and gas industry is favorable over the near term. The reason is the industry has been aggressively cost-cutting as price pressures grew tighter.
Zambia Tender and Business News
The African Development Bank has launched a new global program to turn the African Savannah from its current status as "Sleeping Giant" to becoming the cradle of the continent's green revolution.
With millions of small family farms growing most of the African continent's food, it is going to take a strong political commitment to drive more rapid production and income of this critically important sector of the economy.
Smallholder farms in southern Zambia are learning how harnessing information about the weather can dramatically transform their success.
The Off-Grid Energy Access Fund (OGEF) just received a total of US $58 million from the Nordic Development Fund, the African Development Bank, the Shell Foundation of the Netherlands, and other partners.
State-owned Zambia Airlines was shut down after liquidation in 1994. It is on track to launch yet again thanks to a new shareholding agreement just signed with Ethiopian Airlines.
German pharmaceutical company Boehringer Ingelheim recently announced a new initiative targeting providing quality human and animal healthcare within the African continent. It's called "In Reach Africa".
Hapag-Lloyd, a major shipping company based in Hamburg, Germany, announced an expanded focus on the growing market in East Africa with a number of new routes now available for marine-based shippers.
Though timing has not yet been announced, Zambia's government has announced it will be taxing internet phone calls in the near future.
Zambia was host to a team of experts from the African Development Bank from July 23-27, to find businesses in the nation's water and agriculture sector which would be eligible for new financing mechanisms it is offering in that country.
The "In Reach Africa" program, an initiative targeted at providing quality and innovative human and animal healthcare access across the African continent, was just launched by Boehringer Ingelheim, a major global pharmaceutical company based in Germany.
The Africa Energy Market Place (AEMP) had its first meeting during the first week of July 2018, in Cote d'Ivoire. It was organized as a two-day workshop to discuss technical, commercial, regulatory and financial issues in the rapidly-growing Energy market in Africa.
The U.S. Department of Agriculture is inviting businesses interested in growing their exports to Africa to join the USDA's upcoming trade mission to South Africa from October 29-November 2, 2018.
RS Components, the trading brand of Electrocomponents plc, just announced a significant expansion in its supply of electronic components within Africa. It just opened an e-commerce website, www.RSOnline.africa to serve a total of 15 countries countries on the continent.
The Zambian government recently disclosed its decision to cull over 1,000 hippos over the next five years, for animal control reasons. That will have a major impact on wildlife tourism in the country.
The Africa Financial Sector Deepening Fund, a financial instrument designed to strengthen the capital base of local financial institutions and stimulate Africa's corporate bond market, just received a US $10 million investment from the African Development Bank.
Ingenico Group, a digital payments solutions provider based in Paris, just supported a roll-out of its secure biometric agricultural subsidy program for the Zambian government.
In an effort to bring more nurses into medical care in Zambia, the Director of Nursing Services at the Ministry of Health and President of the General Nursing Council of Zambia (GNCZ) Dr. Lonia Mwape announced the country is waiving any outstanding fees Zambian Nurses and Midwives in the Diaspora may have.
The UK-based Royal United Services Institute (RUSI) hopes to curb illegal wildlife trade in East and Southern Africa, by focusing a new research and training program on disrupting the money flow connected with that trade.
Developing countries need climate finance support more than ever before, especially in view of the Paris agreement and the need to stave out climate change. Conventional public financing mechanisms are not enough however.
His Excellency Mr. Muyeba Chikonde, Zambia's High Commissioner to the United Kingdom, has issued a challenge to the Zambian Business Community outside the country to establish a Diaspora Bond to raise capital for investment projects back home.
The Alliance for Inclusive and Nutritious Food Processing (AINFP), a public-private partnership dedicated to tapping the power of the private sector to create better nutrition for African consumers while also supporting local farmers, was just launched.
The Trans-Africa highway, a 10,228-kilometer long major artery connecting Cairo, Egypt to Cape Town, South Africa, is now complete. The former missing link in that path, the Dodoma-Babati road, was just opened for transportation.
Trees are a critical part both of the biological and the economic ecosystems in many areas. That is part of why Zambia has launched a "Plant a Million" initiative -- supported in a big way by the nation's children -- to make a major impact on reforestation across the country.
AGCO, a Georgia-based manufacturer and distributor of agricultural equipment, just announced a Retail Finance Partnership to support Zambian farmers as they acquire farm equipment.