Investment Mirage?

From Zambian Economist Tue Feb 12 2013, 01:27:00

"As you may be aware, Zambia has a housing deficit of nearly 1.4 million units and the interest by our colleagues to invest in Southern Province and Choma in particular is most welcome... They have capacity to mobilise US$10 billion of investment in various projects in Southern Province..."

- Chileshe Mulenga

(Southern Province Permanent Secretary)

A claim earlier this month by Mr Mulenga. Apparently some Indian investors are alleged to be interested in investing in Southern Province with around US$10 billion. They are interested in real estate, agriculture, mining, steel works and putting up a cement plant. We are told they have already engaged the Choma Municipal Council on the possibility of setting up a shopping mall in the new provincial capital of Southern Province.

[view whole blog post ]

News Stories Quoted in this Blog Post:

Zambia:   Indian Investors Eye Southern Province (news)
The Times of Zambia
29 January 2013

A CONSORTIUM of Indian investors is interested in investing in various sectors of the Southern Province at a cost of about US$10 billion. [read more]

 See More    |     Report Abuse


You might also be interested in the following news stories:

Nigeria:   New Government Paves Way for Productive U.S. Ties (guest column)
allAfrica.com
29 July 2015

Nigerian President Muhammadu Buhari's visit to the United States last week offered an opportunity for both countries to hit the 'reset' button in a relationship that regressed somewhat prior to his ... [read more]

Kenya:   Govt Insists Polio Vaccine Drive to Go On Despite Protest (news)
The Nation
29 July 2015

The Director of Medical Services, Dr Nicholas Muraguri, has said the national polio vaccination exercise will go on as scheduled. [read more]

South Africa:   E-Tolls - Legal Glitch Halts Licence Discs Being Withheld (news)
News24Wire
29 July 2015

A glitch in a law that would halt the issuing of vehicle licence discs to drivers with unpaid e-toll bills means non-compliant Gauteng road users won't have anything to fear - for now. [read more]



blogAfrica is allAfrica.com's platform to help you keep an ear on the African blogosphere. We draw diverse voices from around the world who post regularly and insightfully about African issues. Bloggers, submit your blog's rss-feed!


Today's Featured News
Mozambique Ruling Party Faces Tough Contest

Renamo supporters: Ruling Frelimo faces a stern challenge at Wednesday's polls from...

Surge in Central African Republic Violence

African Union troops in Bangui (file photo): The UN has expressed alarm...

Nigeria, Cameroon, Ghana Get Crucial Wins

Asamoah Gyan of Ghana (file photo): The Super Eagles have boosted their...