AfDB Approve USD135m to Improve Zambia Water Supply and Sanitation Services
The African Development Bank (AfDB) recently approved a USD135m loan to finance a water and sanitation program targeting small towns in Zambia.
Zambia News: Business – Investments – Economy
Tanzania and Zambia to Strengthen Trade and Investment Relations
Tanzania and Zambia agreed to cooperate for stronger trade and investment relations to benefit the economies of both countries.
South Africa Approve USD20m Credit to Support Zambia SMEs
The Industrial Development Corporation (IDC) of South Africa has signed a USD20m line of credit with the Development Bank of Zambia (DBZ) to support Small…
TAZARA Freight Volume Increase by +9.4% in Q3 2016
The Tanzania Zambia Railway Authority (TAZARA) recently announced that freight volume increased by +9.4% in Q3 2016 to 29,061t from 26,571t in Q3 2015.
Zambia Allocate ZWM8.6b to Infrastructure in 2017 Budget
The Government of Zambia has allocated ZMW20.1b to key sectors of the economy, out of which ZMW8.6b to infrastructure, in its 2017 budget, presented to…
Brazil Approve USD91m Debt Relief for Zambia
Brazil recently approved USD90.7m debt relief for Zambia, which represents 80% of the USD113.4m debt owed by Zambia to Brazil as of July 31st, 2011.
China to Build USD2.3b Railway in Zambia
The Government of Zambia has signed a USD2.3b contract with China Civil Engineering Construction Company (CECC) for the construction of a 388.8km railway line in…
EU to Strengthen Bilateral Relations with Zambia
The European Union (EU) will further strengthen its development relations with Zambia in key growth sectors such as agriculture, energy, and governance.
IMF Ready to Support Zambia
The International Monetary Fund (IMF) announced that it stands ready to support Zambia and its people as needed after an IMF staff visit to the…
Zambia Annual Inflation Decrease to 12.5% in October 2016
The Zambian Central Statistical Office (CSO) indicates that the annual rate of inflation in October 2016 decreased to 12.5%, from 18.9% in September 2016.