Domestic
Zambia and Angola are this month expected to discuss terms of engagement for the planned development of an oil pipeline and refinery that will provide a cheaper source for petroleum to Zambia. Read more: Zambia Daily Mail
Chief Kizela of the Kaonde people of North -Western Province has appealed to President Edgar Lungu to intervene in a matter in which the Ministry of Mines has revoked the license belonging to Kalengwa mines in Mufumbwe District. Read more: ZNBC
Mulonga Water and Sewerage Company Limited (MWSC) has taken over the management of Kapisha Water Supply Scheme in Chingola and pledged to improve service in the area. Read more: The Independent Observer
Zambia’s 2019 maize production is expected to reduce by 16 percent to about 2 million tonnes from 2.39 million tonnes last year due to prolonged dry weather. Read more: The Independent Observer
International
Congo Republic has taken a decisive step towards debt sustainability through a loan restructuring with China, especially combined with fiscal caution and renegotiations with private creditors, the head of an IMF mission said on Wednesday. Read more: Reuters
British oil giant BP has signed an agreement with Gambia’s government to explore offshore hydrocarbons potential in the West African nation. Read more: North Africa Post
Uber has set a price for floating its shares on the New York Stock Exchange, in what is expected to be one of the biggest stock market flotations of the year. Read more: BBC
It’s been a tough month for Tesla, and the challenges the Silicon Valley electric-car maker faces will only accelerate now that two major European automakers are launching sales of their first entries into the long-range EV market. Read more: CNBC