AGP Executive Report
Last update: 14 minutes agoZambia Inauguration & Political Risk: Hakainde Hichilema was sworn in for a second term on Tuesday, pledging unity and a shift from stabilisation to growth, while his main rival Brian Mundubile remains in detention on treason charges after a disputed Aug 13 election that observers say was marred by vote-counting irregularities and weak verification. Grow Zambia Agenda: In his address, HH unveiled the 10-10-5-3-3-1-1-1 targets, including 10m tonnes of maize by 2031, 10,000MW power, 5m tourist arrivals, and a push to triple the economy—alongside cost-of-living and jobs priorities. Regional Diplomacy: Kenya’s William Ruto congratulated HH and urged political competition to never divide national destiny, while the EU hailed a “robust” partnership and support via its Global Gateway. Copper & Critical Minerals Talks: India resumed discussions with Zambia on copper and critical minerals investment, with sources pointing to renewed interest in brownfield and near-production projects. Trade & Markets: Zambia’s external debt service is reported to fall to about US$900m, while investors reportedly piled into Zambia bonds after the election outcome. Logistics & Connectivity: Lusaka airport is seeing new freighter capacity—Emirates added a weekly B777F and TAAG Angola a weekly B737F—signalling growing air cargo demand. Mining Pipeline Update: Tertiary Minerals reported first lab results from Phase 4 drilling at Mushima North, confirming near-surface silver-copper-zinc mineralisation.
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