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Qatar brokers peace agreement between Chadian junta and rebel group

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Peace is in sight as Chad’s transitional authorities and rebel groups signed a peace agreement in Doha on Monday.

The peace agreement comes days ahead of a broad national reconciliation dialogue to take place later this month.

The negotiation was facilitated by Qatar’s foreign minister, Sheikh Mohammed bin Abdulrahman Al-Thani,

The Chadian Transitional Military Council (TMC) Last week published list of participants in the national reconciliation dialogue after it had fixed August 20 as the date for the talks which is set to involve several armed groups in the country.

The interim military government’s foreign minister, Mahamat Zene Cherif, told reporters he believed the agreement would lead to sustainable peace in Chad, adding that 1,500 representatives would attend the national dialogue on August 20.

Cherif said while brushing off concerns that not all groups had signed up to the deal.

“Most of the armed groups signed this agreement and they will take part in the national dialogue. And this national, inclusive dialogue is a forum for all Chadian people,”

Chad is one of the many African countries battling insurgency, the military in most of the countries like Mali, Burkina Faso, Guinea rode on the security challenge to take over government but not much appears to have been the result of the interregnums.

Will the peace agreement launch in an era of lasting peace in Chad?

Metro

World Bank pledges $3b to support Zambia’s development goals

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The World Bank Group has pledged to avail Zambia with approximately $3 billion to support the country’s development goals under the new Country Partnership Framework (CPF) for 2025-2029, with nearly half of the funds already disbursed.

World Bank Country Manager, Achim Fock, who made this known at the CPF launch at the Mulungushi Conference Centre in Lusaka on Wednesday, outlined the global lender’s focus areas, which included enhancing jobs, human capital, and climate resilience.

Fock highlighted that $200 million had been approved to strengthen Zambia’s social protection programs, including the Refugee and Host Community Project.

He also expressed optimism for upcoming approvals, including the Climate and Economic Resilience Financing and the Zambia-Tanzania Interconnector.

Zambia’s Finance and National Planning Minister, Situmbeko Musokotwane, who also spoke at the event, noted that 2.3 million Zambian households have so far benefited from social protection interventions such as the Cash for Work Programme, emphasizing the government’s commitment to safeguarding lives amid crises like the recent drought.

Musokotwane further reiterated the government’s commitment to protecting lives during times of crises such as the recent drought.

“More than two thirds of the Zambian population was affected by the drought. It was the government’s view that the first priority was to save lives,” Musokotwane stated.

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Chinese mining giant CNMC set for $1.6 billion investment in Zambia

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A Chinese mining giant, China Nonferrous Metal Mining Company (CNMC), has announced the investment of over $1.6 billion in Zambia, following successful discussions with President Hakainde Hichilema at the State House on Tuesday.

CNMC Chairman and Chief Executive Officer, Wen Gang, who held the discussions with Hichilema along with the Chinese Ambassador to Zambia, Han Jing, confirmed the company’s commitment to furthering Zambia’s economic development.

“We are actively investing in critical sectors of Zambia’s economy,” Gang said after the meeting.

He noted that CNMC was currently pumping water from Shaft 28 at Luanshya Copper Mine, where 29.9 million cubic liters have been cleared as part of intensified dewatering efforts, adding that the company plans to inject an additional $200 million to develop a greenfield mine on the Copperbelt.

President Hichilema who welcomed CNMC’s commitment, highlighted the potential economic impact of the firm’s investment which will include job opportunities for Zambians.

“This $1.6billion investment, alongside advanced technology and expansion, will extend operations and create more jobs and opportunities for Zambians, especially in mining contracting and supply,” the President said.

He also expressed gratitude to Chinese President Xi Jinping and the Chinese government for their shared commitment to fostering growth and cooperation between the two countries.

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