DealStreet Africa Financial Services LATEST NEWS Microfinance entity Xtenda Finance Ltd to acquire 45% stake in MyBucks Zambia for US$2.7m 1 day ago ZAMBIA – Fintech company MyBucks Group has entered into an agreement with Xtenda Finance Limited,…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Zambia to buy majority stake in Glencore copper mine for US$1.5b 3 days ago ZAMBIA – State mining investment arm ZCCM-IH has agreed to buy Glencore’s majority stake in…
Financial Services LATEST NEWS Mining, Energy, Oil & Gas Bank of Zambia plans to build US$36m worth of gold reserves in 2021 to support local currency 4 days ago ZAMBIA – Bank of Zambia (BOZ) has revealed plans to buy up about 600 kilograms…
Govt. & Development Organisations LATEST NEWS Mining, Energy, Oil & Gas Zambia secures US$27.9m grant from EU to boost electricity access 1 week ago ZAMBIA – The government of Zambia has received US$27.9 million grant from the European Union…
LATEST NEWS Water & Sanitation World Bank lends US$65m for sanitation around mining sites in Zambia 2 weeks ago ZAMBIA – The World Bank is committing US$65 million to finance an environmental remediation and…
DealStreet Africa Financial Services LATEST NEWS Xylem Pty acquires 72.05% stake in Madison Financial Services Zambia for US$35 million 2 weeks ago ZAMBIA – Xylem Trading (Pty), a company and investment vehicle incorporated in South Africa will…
Financial Services LATEST NEWS Zambian micro-lending startup PremierCredit raises US$650k funding from Enygma Ventures 3 weeks ago ZAMBIA – PremierCredit, Zambian micro-lending platform that also operates in Zimbabwe, has raised US$650,000 in…
DealStreet Africa LATEST NEWS Telecoms, ICT & Media Zambia’s pension scheme NAPSA buys 8% stake in MTN 1 month ago ZAMBIA – The National Pension Scheme Authority (NAPSA) of Zambia has bought an 8% stake…
Agriculture & Agribusiness LATEST NEWS People Agriculture machinery firm AGCO renames it’s Zambia Future Farm 2 months ago ZAMBIA – AGCO Corporation, a global leader in the design, manufacture and distribution of agricultural…
DealStreet Africa Financial Services LATEST NEWS Access Bank in talks to acquire Atlas Mara Zambia 2 months ago ZAMBIA – Access Bank Plc of Nigeria is in talks about a potential acquisition of…
Financial Services Govt. & Development Organisations LATEST NEWS Eurobond holders reject Zambia’s US$3b payment deferral request 2 months ago ZAMBIA – Zambia’s US$3 billion Eurobond holders have rejected a request from the Southern Africa’s…
Investments, Financials & Economy LATEST NEWS Sustainability & Renewable Energy Denmark’s IFU invests US$1.5m in Zambia’s GreenCo 3 months ago ZAMBIA – Africa GreenCo Group, conjunction with its Lusaka-based operating company GreenCo Power Services (GreenCo),…
Hospitality, Tourism & Entertainment LATEST NEWS Holiday Inn Lusaka opens in Zambia 3 months ago ZAMBIA – InterContinental Hotels Group (IHG Hotels & Resorts) has announced the opening of the…
Investments, Financials & Economy LATEST NEWS Sustainability & Renewable Energy Shequity backs WidEnergy for solar kits in rural areas in Zambia 3 months ago ZAMBIA – Solar home kit supplier WidEnergy Africa has received funding from Shequity, an investment…
LATEST NEWS Manufacturing & Retail Start-ups Zambian startup Lusaka Grocery Delivery raises US$38.5k in pre-seed funding round 3 months ago ZAMBIA – Zambia based women-led grocery delivery startup Lusaka Grocery Delivery (LDG) company has raised…
DealStreet Africa Investments, Financials & Economy LATEST NEWS Private equity manager, Inside Capital Partners merges KCB with Beta Holdings 4 months ago ZAMBIA – Inside Capital Partners has announced the merger of Kalulushi Clay Bricks (KCB) with…
Agriculture & Agribusiness LATEST NEWS Zambian agribusinesses to benefit from €1million EU grant 4 months ago ZAMBIA – The European Union – EU Zambia office has called for agribusiness proposals from…
LATEST NEWS Mining, Energy, Oil & Gas Canadian mineral company GoviEx closes US$3m private placement to fund development activities in Africa 6 months ago AFRICA – GoviEx Uranium, a Canadian mineral resource company, has closed first tranche of fully…
DealStreet Africa LATEST NEWS Mining, Energy, Oil & Gas Jubilee Metals signs a JV for US$15m copper project to expand operations 6 months ago ZAMBIA – Jubilee Metals has signed a joint venture (JV) agreement with a private Zambian…
DealStreet Africa Financial Services LATEST NEWS Nigeria’s Access Bank to acquire Zambia’s Cavmont Bank 6 months ago ZAMBIA – Access Bank Zambia, a subsidiary of Nigeria’s Access Bank Plc, has reached a…
Investments, Financials & Economy LATEST NEWS Manufacturing & Retail Mutinta Jewellery set to open a US$3m diamond and gemstone plant 6 months ago ZAMBIA – Mutinta Jewellery is set to open a US$3.2 million diamond and gemstone processing…