British firm plans to invest $100 million in Zambia mine expansion
BRITAIN'S Moxico Resources plans to invest $100 million to expand its majority-owned Mimbula copper mine in Zambia, UK Minister for Africa Vicky Ford said. The investment will create new jobs and increased tax revenues for Zambia's government, Ford said in a statement released by the British High Commission in Zambia while she was on a visit to the country. British Minister for Africa Vicky Ford speaks during the signing of new investments focusing on jobs and financial autonomy, in Abuja, Nigeria February 21, 2022. REUTERS/Afolabi Sotunde Ford was visiting Zambia to launch a new investment model, which she said marked a…