Zambia copper rail link to cost up to $5bn
A RAILWAY linking Zambia’s copper belt to the Angolan port of Lobito will cost between $3bn and $5bn including rolling stock, said Bloomberg News in an article on Wednesday.…
SA launches infrastructure credit-guarantee vehicle
SOUTH Africa is rolling out a new credit-guarantee programme designed to mobilise billions of dollars in private investment for infrastructure, spanning power grid expansion,…
Lobito Corridor is huge step thanks to US, China
OUTSIDE South Africa, billions of dollars are being invested in upgrading and expanding rail networks to facilitate transport of minerals such as copper, cobalt, tantalum and…
Japan backs corridor boosting Sovereign Metals project
JAPAN has launched a dedicated investment initiative targeting the Nacala Corridor infrastructure, significantly strengthening the strategic positioning of ASX-listed Sovereign…
SA receives $474.6m infrastructure loan
SOUTH Africa has received a $474.6m loan from the African Development Bank to upgrade its transport and energy infrastructure, said Reuters citing the bank. The money adds to the…
Kalagadi Manganese debt dispute heads for arbitration
THE Supreme Court of Appeal has ruled that a multi-billion rand debt dispute between Kalagadi Manganese and its lenders must proceed to arbitration, dealing a blow to the miner’s…
Africa warned against imposing export bans on minerals
AFRICA has been warned to steer clear of export bans on undeveloped minerals until infrastructural deficits are tackled. Benedikt Sobotka of Kazakh miner Eurasian Resources Group…