Africa: Zambian communities halt trophy hunting in dispute over tourism fees

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The Community Resources Boards (CRB) in Zambia released a press statement expressing their deep concern over the fact that the communities have not been given their share of either concession fees or hunting revenues. They have withdrawn their signatures to all the hunting permits in their areas and have refused to sign any others. This will stop any trophy hunting […]

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Tourism: The Zambian game park where African wild dogs are centre stage

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The sun rises above the Muchinga Mountains, turning the Luangwa River into a shimmering pink ribbon. Huge bull hippos belch and bellow as they jockey for space in the shallows while the haunting cries of a perched African fish eagle echo across the water. It’s not hard to see why Zambia’s South Luangwa National Park has earned itself a reputation […]

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Private equity builds African war chest amid commodity rout

Private-equity companies amassed a $4.3 billion war chest for investment opportunities in Africa last year as the global commodity rout and weakening local currencies cut prices of potential target companies. The fundraising was the highest since at least 2010 and compares with $1.9 billion in 2014, according to the London-based African Private Equity and Venture Capital Association. The industry group […]

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Cement the new oil as Africa’s richest man takes on Lafarge

Africa’s richest man is pushing to dominate its market for cement, the material at the heart of the continent’s infrastructure boom. All that stands in his way is the world’s biggest cement maker, a flood of low-priced imports, the threat of slowing growth in contracts for dams, ports and roads and a slump in the most-traded emerging-market currencies to a […]

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