AGP Executive Report
Last update: 2 hours agoCopper Trade: Chinese buyers are expected to settle some Zambian copper purchases in renminbi from next year, potentially reducing conversion costs and currency risks for exporters. Mineral Deals: As global competition for critical minerals intensifies, experts warn Zambia to ensure mining agreements face proper scrutiny and deliver benefits to local communities. Energy: Kariba’s 2027 water allocation has been cut from 36 billion to 23 billion cubic metres amid El Niño forecasts, raising fresh concerns for power supply. Tanzania says its Nkangamo substation could support regional electricity trade through Zambia once the TAZA link is complete. Investment: Solarise Africa secured a $1.12 million grant, matched by its own funding, to enter Zambia and Uganda and install 3MW of renewable capacity for businesses and social institutions. Economic Outlook: The IMF warns that inflation across sub-Saharan Africa is set to rise even as growth improves, while Zambia’s recent $1.47 billion staff-level financing agreement offers a key backdrop to the country’s fiscal outlook.
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