Zambia: Latest News

  • Nigeria Topple Algeria, SA Stun Senegal In World Cup Qualifying

    Victor Moses - Nigeria squad By Peter Pedroncelli, 12:21 am AFKI Original

    The third round of African World Cup qualifying continued this past weekend, with the 20 teams from the continent left with a chance of securing one of the five spots allocated to Africa in action across the continent. This is how the 10 African World Cup qualifying matches turned out for the participating nations looking to earn their ticket to Russia in two years’ time.

  • Carlyle Hedge Fund Loses $400M Invested In Moroccan Oil Refinery, ‘Misappropriated Outside The US’

    Carlyle hedge fund lost By Dana Sanchez, 3:36 pm

    A hedge fund with Carlyle Group LP, the world’s second-largest private equity firm, has lost $400 million it invested in 2015 in a Moroccan oil refinery deal, according to a securities filing. Saudi billionaire Mohammed al-Amoudi owns 67.26% of Morocco’s Samir refinery. The deal highlights the risks U.S. investors face in emerging markets that have unfamiliar investor-protection laws. Still, despite the risks, investors continue to find the lure of higher growth in emerging markets attractive.

  • 10 African World Cup Qualifying Matches Coming This Weekend

    World Cup Qualifying - El Arabi Hillel Soudani for Algeria. Photo: foot mercato By Peter Pedroncelli, 4:50 am AFKI Original

    The third round of African World Cup qualifying continues this coming weekend, as the second set of matches see 20 teams from the continent left with a chance of securing one of the five spots allocated to the African continent. This weekend 10 fixtures will be played around the continent in the group stages. Here are 10 African World Cup qualifying matches to look out for this coming weekend.

  • Africa’s Biggest Lender Commits $2B To China This Year

    Africa's biggest lender By Dana Sanchez, 11:12 am

    Africa’s largest lender, Johannesburg-based Standard Bank this year made $2 billion in loan commitments to Chinese-owned development projects in Africa, and it plans to help Chinese entrepreneurs seek African investment opportunities in areas such as retail. Access to credit remains a challenge for many Africans. Standard Bank says its opportunities lie in working “on the yuan’s internationalization and helping Chinese companies transform from … contractors to investors.”

  • Sub-Saharan Africa’s Economic Growth Lowest In 22 Years. There Are Winners And Losers

    Sub-Saharan Africa’s economic growth By Dana Sanchez, 12:11 pm

    Oil-importing African countries are showing an improved business environment as the continent endures its slowest growth in more than two decades. In contrast, countries that export commodities are under economic pressure due to low oil prices including three of Africa’s largest economies. Some countries that are doing better are predicted to grow at more than 6 percent. IMF predicts average growth will fall to 1.4 percent in 2016, less than half of 2015 growth.

  • More Bad News For South Africa: Tomato Leaf Miner Outbreak Reported

    tomato leaf miner By Dana Sanchez, 12:14 am

    A pest that earlier this year devastated the Nigerian tomato crop has been detected for the first time in South Africa after hitching a ride from South America to Europe, then spreading to Asia and Africa, Reuters reported. The tomato leaf miner, aka tuta absoluta, can ruin tomato and potato crops, the South African department of agriculture said on Friday. The outbreak was discovered on a tomato farm in eastern South Africa at a border post with neighboring Mozambique in the Kruger National Park.

  • Changing Trends In Chinese Immigrating To Africa For Business Opportunities

    By Dana Sanchez, 1:24 pm

    These days, Chinese arrivals mostly enter Africa as private citizens seeking business opportunities, not as workers for Chinese infrastructure projects. They’re highly adaptable and one result of the massive influx is new Chinatowsn popping up all over Africa. One example is Cyrildene Chinatown in a formerly predominantly Jewish neighborhood. It quickly displaced a century-old downtown Chinatown to become the most concentrated area of Chinese in Southern Africa.

  • 30 Players Nominated For The 2016 African Player Of The Year Award

    German Bundesliga Thomas Tuchel desperate to keep Pierre-Emerick Aubameyang By Peter Pedroncelli, 7:10 am AFKI Original

    The shortlist of 30 nominees for the 2016 African Player of the Year award has been announced by the Confederation of African Football (CAF) ahead of the winner’s announcement in the new year. Below are the 30 players who have been nominated for the 2016 African Player of the Year award.

  • African Commentator Says Trump Sounds Like An African Politician

    Trump sounds like an African politician By Dana Sanchez, 8:10 pm

    African commentators are having a little fun at the U.S.’s expense in the bizarre last weeks leading to the Nov. 8 U.S. presidential election. Republican party candidate Donald Trump bears the brunt for many of their jokes. But behind the jokes there’s deep concern that the U.S. democracy emulated and admired by many Africa countries is being made a mockery of. Here’s what Africans are saying on social media.

  • VIDEO: Exploring The Underwater Chinhoyi Caves In Zimbabwe

    Chinhoyi Caves in Zimbabwe By Joe Kennedy, 9:40 am

    Zimbabwe’s Chinhoyi Caves are considered among the best dive sites in the world. Located in the north of the country near the border with Zambia, they’re known for fantastic visibility. This site is often visited by diving expeditions who do ultra-deep diving. U.S. Navy Divers have reached 135 meters (442 feet), but the actual depth is unknown. Divers must register with a Zimbabwe dive club. As you descend to the main cave, you arrive at Sleeping Pool or Chirorodziva (Pool of the Fallen), with its stunning cobalt blue water.

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