Zimbabwe’s largest coal producer, Makomo Resources, was ordered 15,000 metric tons of a variety of the fuel by Europe.
Finance director, Tenai Mungoni, said the coal will be shipped next month, without naming its final destination saying it was confidential, Bloomberg said. The coal will pass through the Beira port in Mozambique. However, the company is still negotiating with its authorities to this end.
“The inquiries we’ve had are as a result of the recovery in coal prices internationally and to date, we’ve had two firm orders from Europe,” Mr Mungoni said.
Let’s recall that last October, the firm got from the government of Zimbabwe the construction license for the Hwange coal-fired plant. The 660 MW infrastructure will consist of two 330 MW units, and help reduce national power deficit.
Makomo Resources produces 160,000 tons of coal each month, which it sells mostly to Zimbabwe Power Co, Zambian Breweries and traders in DR Congo. It aims to increase this output to 300,000 tons.
Louis-Nino Kansoun
ECOWAS central bank governors reaffirm a 2027 target for launching the Eco. Nigeria signals...
South Africa led with 35% of total deal value, ahead of Kenya and Egypt Inbound deal value ro...
Investigation targets alleged breaches of Nigeria’s 2023 data protection law Platform processes p...
The main point of contention between Niamey and France’s Orano concerns the uranium stock extracted ...
China’s initiative aims to address the imbalances that have long characterised bilateral trade relat...
Côte d'Ivoire increased fresh fish import volumes from about 388,000 tons in 2015 to more than 732,000 tons in 2024, a rise of nearly 90%. The country...
The government kept the minimum farmgate price at CFA385 ($0.69) per kilogram for the 2026 campaign. Authorities suspended exports from February 21 to...
UNESCO allocates $50 million to Côte d'Ivoire NDP Funding supports education, culture, science, communication sectors NDP 2026-2030 targets 7.2%...
Senegal trade rose 19.4% to 13,214 billion CFA Exports jumped 51.8%, driven by gold and oil Economy grew 7.9% in 2025, IMF says Senegal's...
Located about 500 kilometers southwest of Cairo, between the oases of Bahariya and Farafra, the White Desert stands out as one of Egypt’s most distinctive...
The University of Lomé on Wednesday opened a fossil and rock exhibition hall showcasing specimens from the country’s coastal sedimentary basin. Led by the...