Ultra Green Corporation Zambia Limited has committed US$216 million to develop solar electricity panels with capacity to generate 200 megawatts (MW).
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Prospero Zambia, BDZ pen SMEs deal
Prospero Zambia, which has to date provided over 42 Euros to enterprises in the country has partnered with the Development Bank of Zambia to develop a more vibrant small and medium scale enterprise (SMEs) investment climate.
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INTERNATIONAL BUSINESS NEWS
Zimbabwe in Talks With Banks to Support New Stock Exchange
Zimbabwean authorities are in discussions with several international investment banks to support a new stock exchange that will trade exclusively in foreign currency, Finance Minister Mthuli Ncube said. “The interest has been huge,” Ncube told an analyst briefing. He declined to give further details. Yvonne Mhango, sub-Saharan Africa economist at Renaissance Capital, told the briefing that uppermost on foreign investors’ minds was the ability to repatriate their capital. “What they want is a functioning stock exchange,” Mhango said.
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