AGP Executive Report
Last update: 3 hours agoMining: ZCCM-IH has approved KCM’s $498 million tailings plant at Nchanga, which is expected to produce about 70,000 tonnes of copper cathode a year. KCM will fund the project without a capital contribution from ZCCM-IH. Power & Trade: Zambia’s installed generation capacity has risen to 4,722.3 MW, including 1,027.5 MW of solar. A proposed $300 million, 200-kilometre power line linking Kalumbila and Kolwezi could carry up to 550 MW to the DRC and open export opportunities for Zambian producers. Economic Outlook: The World Bank lifted its 2026 Sub-Saharan Africa growth forecast to 4.3% and named Zambia among countries with improved prospects. Moody’s also turned positive on the region, but warned Zambia’s interest bill could absorb about 35% of government revenue in 2027. Trade Corridors: The Lobito Corridor meeting in Lusaka focused on turning commitments into action, including better infrastructure, border processes and trade facilitation. Health Funding: Zambia is set to sign a five-year US health agreement worth more than $3.6 billion, with the government contributing $2.1 billion; patient-data and specimen-sharing clauses have been removed.
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