Malagasy billionaire Hassanein Hiridjee’s Axian signs deal for 200 MW Zambia solar plant
Hassanein Hiridjee’s Axian has signed a power purchase agreement with Africa GreenCo for the 200 MW Kudu solar plant, its biggest project yet in Zambia.
Zambia
Wealthy Indian hotelier Jaisal Singh's SUJÁN buys two Zambian safari camps on the Zambezi
Jaisal Singh's SUJÁN has bought Chiawa Camp and Old Mondoro from Chiawa Safaris in Zambia's Lower Zambezi. Terms were not disclosed.
Indian billionaire Anil Agarwal is building what would be Africa's largest copper smelter
Konkola Copper Mines, 79.4% owned by Anil Agarwal's Vedanta, says a new smelter will add 70,000 tonnes a year and be the largest in Africa.
Zambia presses Indian billionaire Anil Agarwal's Vedanta to fund power for its copper mine
Zambia's president has urged Anil Agarwal's Vedanta to accelerate power investment to support its copper expansion at Konkola Copper Mines.
Nigerian tycoon Michael J. Prest sues Zambia's central bank for $40 million over Investrust collapse
Michael Prest's Bank of Nevis International is seeking $40 million from Zambia's central bank over the 2024 liquidation of Investrust Bank.
Global Witness says First Quantum bankrolled Zambia's president as tax breaks topped $771 million
Global Witness alleges First Quantum secretly funded Zambia's ruling party and won $771 million in tax breaks. The Canadian miner rejects the claims entirely.
Access Holdings, led by Aigboje Aig-Imoukhuede, backs Zambia with $100 million pledge
Access Holdings pledges $100 million to boost Zambia’s energy and agriculture, strengthening power supply and food security.
Kenyan businessman Julius Mwale inks deal with Zambia
Mwale, the visionary founder of Mwale Medical and Technology City (MMTC), has inked a deal for smart cities, mining, infrastructure and agriculture.
Tanzanian billionaire Rostam Aziz explores energy and mining investment in Zambia
This strategic move further extends Aziz’s business interests across Southern Africa.
Zambian banker Saviour Chibiya’s salary at Absa tops $1 million
Chibiya’s leadership and contributions to Absa Group’s success testify to his position in the financial services sector.
Elon Musk’s SpaceX in talks with officials to launch satellite Internet in Zambia
SpaceX founder Elon Musk said he is excited about the opportunity.
Zambian gov’t invites Africa’s richest man Aliko Dangote to invest in agriculture
Zambian Commerce and Industry Minister Chipoka Mulenga made the declaration over the weekend.
Kirsan Ilyumzhinov: The charismatic Buddhist tycoon speaks on Africa
The Russian businessman, politician and chess chief says Africa is the “future of human civilization.”