ZAMBIA Sesheke

Sesheke is a border town in the Western Province of Zambia.  It is situated on the northern bank of the Zambezi River which forms the border with Namibia’s Caprivi Strip.  Sesheke is split into two small towns situated on opposite sides of the Zambezi River.

The biggest part of the town is on the east side, reached by driving from Livingstone, or taking the pontoon over the river.  The smaller western section of Sesheke town, is located next to the border with Namibia.

The Katima Mulilo Bridge, completed in May 2004, crosses the river at Sesheke, connecting the town with the Namibian town of Katima Mulilo. The roads in and around Sesheke have been upgraded making it easier for tourists to visit the areas.  The improved roads have led to a boom of new lodges and other tourist facilities due to the increased number of tourists passing through Sesheke on their way to Victoria Falls, the Sioma Ngwezi National Park or to the upper Zambezi and Barotse Floodplain.

URA Holdings Limited will list its Zambian critical minerals and battery metals project on the London Stock Exchange (LSE) to raise an initial US$1 million to fund further exploration. The project being driven by Chief Madzimawe and Musebu Sichula highlights the great untapped mineral potential of Zambia. Critical minerals are minerals and metals that will drive the fourth industrial revolution. These minerals are key components in smartphones, advanced computers and electric vehicle batteries among others. Many of these minerals have been discovered in significant quantities by URA Holdings in Eastern Province, through its local management company, First Nation Investments Zambia, which is undertaking the exploration. The notable critical minerals under exploration in Lundazi and surrounding areas include graphite, tantalum, niobium, beryllium and various rare earth elements. All of these minerals are widely used to manufacture lithium-ion batteries, capacitors, steel alloys, computer memory, cell phones and catalytic converters. In a pre-listing interview recently, First Nation Investments Zambia chief executive officer Musebu Sichula said London, Toronto and Sydney are the main stock exchanges on which mineral exploration and mining projects are listed. “To be admitted to these exchanges, a project must have strong credentials such as an experienced and credible management.