Zambia is Back

09/04/2026

A government that seeks out the world's best reform models is a government worth investing in. President HH's engagement with Vietnam's agricultural architects and the formal Economic Partnership now on the table, sends a clear signal: Zambia is building an agricultural sector designed for scale, exports, and long-term returns. 🇿🇲

PRESIDENT Hakainde Hichilema has commended Vietnam’s agricultural success, stating that it offers practical and actionable lessons for Zambia.
The President has reaffirmed clear national production targets of 10 million metric tonnes of maize, 1 million metric tonnes of wheat, and 1 million metric...

29/03/2026

11/03/2026

Zambia is targeting 3 million metric tonnes of copper by 2031 — more than triple current output — and is actively inviting global investors to be part of it.

This isn't ambition without foundation. The Hichilema administration has spent four years rebuilding macroeconomic stability, completing Zambia's IMF programme, and creating the conditions serious investors need. World-class mining firms are already there: Barrick Gold, First Quantum Minerals, Vedanta Resources, KoBold Metals and more.

And copper is only the beginning. Zambia's mineral wealth spans cobalt, nickel, lithium, graphite, manganese and rare-earth elements — the full toolkit of the green economy.

Mines Minister Paul Kabuswe has been unambiguous about what Zambia is offering: "It has to be a win-win situation for Zambia and for the investors." That's not a platitude — it's a governing philosophy.

The energy transition needs Zambia's minerals. Zambia needs partners with vision. The opportunity is here.

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Zambia is open for business — and the world is taking notice. In a major signal of investor confidence, Zambia's Mines Minister Paul Kabuswe confirmed this week that the government is actively courting global investors to support an ambitious plan to more than triple the country's copper output to

06/03/2026

Congratulations Zambia Development Agency on securing a K5 million sponsorship deal with Wonderful Group. See you at IZIC 2026 🇿🇲

05/03/2026

Zambia's Ministry of Finance has reported government revenue and grant inflows of $2.8 billion in Q4 2025 — beating the official target by nearly 16 percent.

The outperformance, published in the latest Debt Statistical Bulletin, was driven by stronger income tax collections from both mining and non-mining sectors, alongside rising exports and broader economic growth across the year.

With Zambia's debt restructuring now concluded and investor confidence returning to the mining sector, the Q4 figures suggest the country's fiscal recovery is gaining real traction.

Zambia closed 2025 with a significant fiscal outperformance, recording government revenue and grant inflows of $2.8 billion in the fourth quarter — nearly 16 percent above the $2.4 billion target set by the Ministry of Finance and National Planning. The figures, published in the Ministry's latest ...

02/03/2026

Our February 2026 Zambia Investor Briefing is now available.

This was a landmark month for Zambia's macroeconomic story. Inflation fell to 7.5% — returning to the Bank of Zambia's 6-8% target band for the first time in nearly seven years. The central bank responded with a 75 basis point rate cut to 13.5%, the largest since 2020, while the Kwacha rallied 17% year-to-date.

The broader picture is equally strong. World Bank support has surpassed $3 billion. GDP growth projections have been revised upward to 6.4% for 2026. Foreign exchange reserves stand at $5.5 billion, providing 4.8 months of import cover. And more than 30 manufacturers have voluntarily cut prices on essential goods as macro stability feeds through to household level.

In this month's briefing we also cover:
🔹 Cabinet approval of the Tanzania-Zambia and Namibia-Zambia petroleum pipelines
🔹 President Hichilema's keynote at Mining Indaba 2026
🔹 ZCCM-IH's new metals trading strategy
🔹 China's zero-tariff policy for African imports taking effect 1 May
🔹 The Ghana-Zambia economic partnership and $72M in fintech deals
🔹 $130M in new energy sector licences

As Finance Minister Situmbeko Musokotwane put it: Zambia is entering a period where the benefits of reform will increasingly become visible across sectors and communities.

Read the full briefing and subscribe for monthly updates: https://us21.campaign-archive.com/?u=6833238fbd38f316f0897fc08&id=809283803e

📩 [email protected]

In this month's briefing: Inflation fell to 7.5% in February - within the central bank's 6-8% target band for the first time in nearly seven years - prompting a 75 basis point rate cut to 13.5%. World Bank support surpassed $3 billion as GDP growth projections strengthened to 6.4% for 2026. Major in...

25/02/2026

🇿🇲☀️ Zambia Seals 118 MWp Solar Project With Dubai-Backed Firm

Zambia continues to attract serious international investment in renewable energy. A 118 MWp solar project has been secured with a Dubai-backed local firm — further proof that Zambia's energy sector reforms are delivering results.

This comes as part of President Hichilema's drive to unlock a solar explosion across Zambia — diversifying the energy mix, strengthening energy security, and reducing reliance on hydropower in an era of climate volatility.

The numbers speak for themselves: Zambia added over 100 MW of solar capacity in 2025 alone, approval times for solar projects have been slashed from six months to 48 hours, and international investors from the UAE, China, the UK, and beyond are lining up to participate.

Clean energy. Real investment. Local jobs.

This is what an enabling investment climate looks like.

🔗 https://renewablesnow.com/news/zambia-seals-118-mwp-solar-project-with-dubai-backed-local-firm-1290263/

Zambia’s ministry of energy and Goldenray Energy Limited, a local company backed by a Dubai-based investment fund, have sealed an implementation agreement for a 118-MWp solar project.

23/02/2026

Zambia is now connected to eight of its neighbours through fibre infrastructure — making it the most digitally connected country in Southern Africa.

The Chanida–Cassacatiza cross-border fibre-optic interconnector, launched this weekend by Zambia and Mozambique, links Zambia's national fibre backbone to Mozambique's submarine cable network, including the 2Africa system — the longest subsea cable ever deployed.

For a land-linked nation, this is transformative. It means greater redundancy, more reliable internet services, and seamless cross-border data flow for businesses and public institutions.

This is what open, investment-friendly governance looks like. While others talk about digital transformation, Zambia is building it — cable by cable, border by border.

Zambia Is Back. And we're connected.

🔗 apanews.net/zambia-mozambique-launch-cross-border-fibre-link/

Zambia and Mozambique commission cross‑border fibre‑optic project to connect the networks of the two neighbouring countries.

20/02/2026

🇿🇲 Zambia's bond market is attracting global attention — and global capital.

The Financial Times reports that international investors now account for 49% of purchases since Zambia opened its local currency bond market to greater foreign participation in January.

In just two auctions this year, investors bid K32 billion ($1.7bn) for K8.4 billion in debt on offer — oversubscribed nearly four times over. Finance Minister Situmbeko Musokotwane is now calling for Zambia's domestic bonds to be included in international benchmark indices tracked by the world's largest investors.

This follows the kwacha's rise of more than 17% against the US dollar in 2026 — making it the world's best-performing currency this year — driven by record copper prices and sound monetary policy.

Just six years ago, Zambia was in default. Today, global fund managers are competing to buy kwacha-denominated debt.

That is what disciplined reform, fiscal consolidation, and restored credibility deliver.

Zambia Is Back. And the markets know it.

🔗 Read the full FT article:

Finance minister’s request highlights power of benchmark providers and follows strong demand from foreign investors

02/02/2026

ZAMBIA INVESTOR BRIEFING | January 2026

Zambia's economic momentum continues with major milestones across mining, energy, and macro stability:

🔶 Copper production hit 890,346 tonnes in 2025 (+8% YoY), with expansion projects targeting 3M tonnes by 2031
🔶 Inflation dropped to 9.4% - first sub-10% reading since 2023, strengthening the case for further rate cuts
🔶 ZCCM-IH launched a $202M renewable energy initiative delivering 312MW across all 156 constituencies
🔶 Zambia & Zimbabwe committed $440M equity to revive the $4.2B Batoka Gorge hydropower project (2,400MW)
🔶 Zambia Sugar reached $1B market cap - first company outside energy/mining to hit this landmark
🔶 IMF completed Zambia's Extended Credit Facility with final $190M disbursement, recognising 94% debt restructuring achievement

Key policy shift: Zambia became the first African nation to accept yuan for mining tax payments, aligning settlement infrastructure with established trade patterns while maintaining fiscal credibility.

Looking ahead: Bank of Zambia MPC meets Feb 11, Mining Indaba delegation Feb 9-12, and Batoka Gorge financing mobilisation begins.

Read the full briefing: https://us21.campaign-archive.com/?u=6833238fbd38f316f0897fc08&id=c776d9aaee

In this month's briefing: Zambia's 2025 copper production reached 890,346 metric tonnes (8% increase), inflation dropped below 10% for the first time since 2023, and Chinese mining companies began paying taxes in yuan marking an Africa-first policy shift. Major energy announcements included ZCCM-IH'...

19/01/2026

Congratulations Zambia Sugar - the third company on the Lusaka Securities Exchange Plc to pass the USD 1 billion mark!

08/01/2026