development

Reducing the costs of solar electricity production, helping building projects and accelerating their process, were the main objectives of the World Bank for Sub-Saharan Africa’s program, “Scaling Solar”. It was implemented in Zambia after being presented in Washington in 2015. Nine months later, seven electrician projects were selected for the development of two solar power plants. With the help of...

As the majority of Zambians become wealthy, there is a growing taste in overseas holidays. The country’s excellent relationship with Israel has resulted in a high number of Zambians choosing Israel as the ideal tourist destination. Israel holds bragging rights as the birthplace of Christianity, attracting millions of Christian tourists. Zambia has not been left out as most Zambians are Christians....

Angola and Zambia are looking to expand integration and cooperation among them in order to promote growth in both their economies. The two embarked on creating transportation infrastructure aimed at linking them. This is aimed at providing mobility for people and moving merchandises across the two countries. Minister of Transport for Angola Augusto Tomas shared these views after visiting construction...

To many people around the world, Sub- Sahara Africa is a no-go region especially when one thinks in investment and entrepreneurship lines of thought. However to informed business minded people this region has endless great investment opportunities. Efforts have started to play off in African countries to diversify the economy in order to maintain a steady economic growth.  These calls are aimed at...

Masunka Silungwe an expert in construction has called upon the government of Zambia to support local construction companies in order to have a fair competing ground with foreign firms. The Vectron Consult Infrastructure Implementation Specialist sighted that Zambia has many qualified engineers in construction unable to compete favorably due to lack of finances. He advised the government of Zambia to...

To many people around the world, Sub- Sahara Africa is a no-go region especially when one thinks in investment and entrepreneurship lines of thought. However to informed business minded people this region has endless great investment opportunities. Efforts have started to play off in African countries to diversify the economy in order to maintain a steady economic growth.  These calls are aimed at...

The ongoing construction of Kazungula Bridge has offered over 500 more employment opportunities to the local communities. The bridge which upon completion will connect Zambia to Botswana is at 40% completion. Upon completion, the bridge will facilitate easy transport of goods between these two countries. The two governments considered the need for the bridge to facilitate economic development and bilateral...

Ronald Chitotela, the Zambian Infrastructure Development Minister, expressed the government commitment to avail affordable housing facilities for the citizens. This was during a live phone call with ZNBC television on a program called 'Government Forum.' The scheme dubbed 'Build and own' is a government program to convert slums to habitable settlements hence upgrading the slums. Chitotela said that the...

During the first quarter of 2017, Zambia saw an economic growth of 3% mainly because of the mining, information and communication and financial sectors. In this steadily growing economy, the country’s real estate sector is now beginning to leverage off and it is looking forward to a new chapter. At the second annual ZamReal Property Forum held at the Radisson Blue Hotel on 27th September 2017, the key...

Investors bring different skills and qualities. Some bring expertise and equipment, other, like Somalian and Lebanese did when they pioneered block-making in the country, bring inspiration. After joining the business, Zambians are giving foreign nationals hard competition. Zambia has been very hospitable to investors whom in return are expected to follow procedures before setting up their operation in...