Investments & Projects

Ethiopia is the second most populous country in Africa and one of the fastest growing economy on the African continent.

A Chinese company has embarked on the construction of a manganese smelting plant at the total cost of 15 million United States dollars in Kapiri Mposhi district, in Central Province.

The World Bank Board of Directors approved a $50 million project to improve agricultural technology in Angola and Lesotho and agricultural productivity in southern Africa.

According to the report, the Ethiopian Public-Private Partnership Office (PPP) announced three new roads and 14 power supply projects, costing $7 billion.

Stanbic Bank Zambia has intensified its investment in the growth of Zambia’s agricultural sector by supporting agro-value chain players.

According to reports, the country's railway line is seeking 15 billion pesos to invest in infrastructure development.

With the industrialization of African countries, Chinese-built industrial parks and free trade zones have gained momentum in the socio-economic drive of the African continent.

Construction of the US$770 million Kabwelume and Kundabwika hydro power stations and a transmission power line is scheduled to start in March 2019.

Local accounting body in Africa’s copper producer, the Zambia Institute of Chartered Accountants (ZICA) on 24 Dec signed an agreement with the world’s largest construction company, China State Engineering Corporation for the erection of a USD 210 million.