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.
Zambia News: Business – Investments – Economy
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.
Agriculture and Fisheries Development Zambia Top Priority
Zambia’s President Edgar Lungu recently said that agriculture will be a top priority in the country’s economic diversification agenda.
IMF Project Zambia GDP to Grow 4% in 2017
The International Monetary Fund (IMF) projects that Zambia’s GDP growth will reach 4% in 2017, compared to 3% in 2016.
Zambia to Focus on Renewable Energy Development
Zambia’s President Lungu recently said that his government will commit to promoting renewable energy development in the country, including solar and biogas.
Zambia Launch “Zambia Plus” Economic Recovery Program
The Zambian Government officially launched its economic recovery program on October 20th, 2016.
Zambia Target to Create 1m Jobs by 2020
Zambia’s President Lungu recently said that his government aims to create 1m additional jobs in the next 5 years in manufacturing, agriculture, infrastructure, tourism, and…