Market News

 Zambian International Trade & Investment Centre (ZITIC) seeks potential investors and joint venture partners are sought for new mining exploration projects in Zambia.   An exploration licence has already been obtained from the authorities for copper, gold and other minerals in North-Wes . . .

 The facility is earmarked to be an aluminium alloy manufacturing factory to provide products to both the original equipment manufacturers (OEM) and after-sale markets, locally and internationally. Negotiations are already underway to export the product to the United Kingdom (Wofrace and Dyman . . .

 The African aluminium industry is one of the industrial pillars of the South African economy. The country has primary smelters of its own which are performing well. South Africa’s last remaining piston manufacturer closed in the last five years, a victim of the global slow . . .

 The Richards Bay Industrial Development Zone is seeking investors to invest in the production facility for carbonaceous paste for electrodes used in furnace linings. Carbonaceous electrode paste is used in closed electric smelting furnaces as a continuous self-baking electrode to pro . . .

 Aliko Dangote is planning to invest in developing Mbinga coal mine in the southwest of Tanzania. This was disclosed during a meeting between Dangote and Tanzania’s Vice President Mohammed Gharib Bilal at the Africa Global Business Forum in Dubai.   Dangote is expecting that the co . . .