Uganda, Tanzania sign oil pipeline project agreement
12th April, 2021
Uganda’s President Yoweri Museveni signed on Sunday the East African Crude Oil Pipeline project agreement with his Tanzanian counterpart Samia Hassan Suluhu.
“The EACOP Tripartite Project Agreement has been signed by all parties with commitment for realization of the Equal project; for the benefit of all people of Uganda and Tanzania in the spirit of East Africa,” said Sam Kuteesa, Uganda’s foreign minister.
The agreement, signed in the Ugandan capital Kampala, paves the way for the construction of a 1,440 km crude oil pipeline from Uganda’s Albertine region to Tanzanian seaport of Tanga.
Extraction will take place at two oil fields: the Kingfisher field, which is operated by China National Offshore Oil Corporation Ltd, and the Tilenga field, operated by Total S.A.
Zambia One of Top Agric Investment Destinations-AFGRI
13th April, 2021
AFGRI, a leading South African agriculture service company says Zambia is one of the most attractive agricultural investment destinations on the African continent.
Company Chief Executive Officer Norman Celliers said Zambia has an advanced agriculture sector which made it the best investment destination in the region.
He was speaking at the AFGRI offices in Centurion, South Africa when he held a meeting with Zambia’s High Commissioner to that country Major General Jackson Miti.
Celliers said Zambia had unique capacity to grow and supply the SADC region with various foods owing to her rich soils and central geographical location.
Boost for Zambia energy security
30th March, 2021
The Zambian government has launched the Integrated Resource Plan (IRP) at a cost of £1.3 million (about US$1.78 million) to improve electricity generation.
Energy Minister Mathew Nkhuwa said the project was supported by a British government grant. He said implementation of the IRP would improve long-term reliability, affordability, efficiency and security of electricity supply, while keeping pace with economic growth and development.
“It will also minimise the short-term and long-term economic cost of delivering electricity services and ascertain Zambia’s investment needs for medium and long term and provide a conducive environment for business planning,” Minister Nkhuwa said.
Zambia’s most vibrant economic zone, a haven of investment opportunities.
25th January, 2021
Lusaka South Multi Facility Economic Zone (LS-MFEZ) is a Special Economic Zone designed to achieve economic diversification and development of the Country. LS-MFEZ has various land uses such as Industrial, Commercial and Residential.
LS-MFEZ offers land fully serviced with Electricity supply network, Road network, Sewerage network, Optic fibre network and Water supply network for targeted industries
The zone is uniquely attached to the Lusaka National Game Park, a fully operational Game Park aimed to boost the Tourism sector in the zone. There are more than 1 000 species found inside the park, including white rhino, giraffe, eland, hartebeest, zebra.
Happy New Year! A word from our Founder & CEO
11th January, 2021
2021 being election year for Zambia, many investors are skeptical about coming to invest in Zambia but they shouldn’t be. Zambia remains open for business and Government remains functioning normally.
President Lungu witnesses signing ceremony of the Lusaka Mass transit Railway
H.E. Edgar Chagwa Lungu, President of the Republic of Zambia witnessed the signing ceremony of the Lusaka Mass Transit Railway Project. This was signed between Hon.Eng. Brian Mushimba MP, Minister of Transport and Communications and Mr Yuan Jun, President of NORINCO Int.
Hadassah Hart Consultants (HHC) played a key role in the implementation of this project that has seen NORINCO Int. complete a Feasibility Study report at no cost to the Government of Zambia. HHC conceptualised the project, refined it, and pitched it to the Government of Zambia through the Ministry of Transport and Communications (MTC). When MTC bought the idea. HHC then engaged NORINCO Int. who were more than happy to partner on this monumental project