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Copperbelt Energy of Zambia eyes $250mn power investment

Bloomberg Copperbelt Energy Corp., the Zambian electricity supplier with customers including Glencore Plc’s copper mines, may invest as much as $250 million in solar projects and transmission lines in the neighboring Democratic Republic of Congo, Chief Executive Officer Owen Silavwe said. The amount includes two solar plants to generate 30 megawatts and 50 megawatts respectively, and the company is still ...

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Kim urges ‘step-by-step’ N-talks in meeting with Xi

Bloomberg Kim Jong-un doesn’t appear to be in a rush to dump his nuclear weapons. In talks with Chinese President Xi Jinping this week, the North Korean leader reiterated his call for a gradual process to carry out the results of last week’s summit with US President Donald Trump. Chinese state media cited Kim as saying that denuclearisation would open ...

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Israeli jets strike Gaza targets after rockets fired overnight

Bloomberg Gaza militants launched dozens of rockets and flaming kites into Israel’s south, drawing retaliatory Israeli strikes, in one of the fiercest confrontations between the sides since Palestinian protests along the border peaked in mid-May. Israeli aircraft targeted about 25 military sites belonging to Gaza’s ruling Hamas group, the army said, warning that the group was dragging Gaza along a ...

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