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:

Uganda:   Anger Over Govt Plan to Send Doctors to Caribbean (news)
Deutsche Welle
5 March 2015

Uganda wants to send hundreds of doctors and nurses to Trinidad and Tobago even though they are desperately needed at home. Critics are taking legal action against the government. [read more]

Kenya:   Police Probe Land Link After Trader Shot Over 10 Times (news)
Capital FM
5 March 2015

Police are probing land deals as a possible link to the execution of a Nairobi businessman in the early hours of Thursday. [read more]

Nigeria:   Scores of Men, Several Children Killed 'For Refusing Boko Haram' (news)
Vanguard
6 March 2015

The Islamic sect, Boko Haram, yesterday, slaughtered 74 men and 20 children at Njaba Village in Damboa Local Government Area of Borno State for refusing to join the insurgents. [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!