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:

Sudan:   More Students Join Islamic State in Syria, Iraq (news)
Radio Dabanga
31 August 2015

For the third time this year, a group of Sudanese students have left the country to join the Islamic State (IS) in Iraq and Syria. The four women students left Sudan via Khartoum National Airport, El ... [read more]

Africa:   African Languages Need to Evolve (blog)
Waza
31 August 2015

The language we use reveals our attitudes, particularly when it comes to the handicapped. Waza blogger Jera feels that vernacular languages should evolve to reflect new sensitivities. [read more]

Nigeria:   Naira Falls As Hajj, School Fees Payment Fuel Demand (news)
Vanguard
1 September 2015

The naira depreciated by N5 to N220 per dollar yesterday in the parallel market as dollar demand to fund Hajj pilgrimage and payment of school fees increased demand for the United States currency. [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...