AGP Executive Report
Last update: an hour agoEnergy Investment: Mercuria and Exergy signed a US$250m financing deal to boost electricity generation and transmission across Southern and Eastern Africa, with Zambia positioned as a key entry point through Exergy’s Lunzua Power and Lusitu Transmission and Distribution. Power Supply: ZCCM-IH says the 100MW Maamba Solar Project has fed power into the national grid for the first time and is now in commissioning, supporting Zambia’s energy security and the Grow Zambia agenda. Budget Planning: Cabinet approved the 2027–2029 Green Paper for the Medium Term Budget Plan, projecting average 6% growth and flagging El Niño drought risks, with government set to strengthen fiscal buffers and revenue mobilisation. Public Finance: Zambia’s external debt stock fell 5% to US$15.36bn as of June 2026, while the kwacha strengthened in Q2. ICT Recognition: Sparc Systems Limited was crowned ICT Company of the Year at the TICON Africa 2026 Excellence Awards, underlining Zambia’s growing digital services ecosystem. Governance & Business Climate: President Hichilema warned against social media narratives that could scare off investors, insisting there is “no crisis” after the elections. Anti-Corruption: A Chirundu police officer was jailed for corruption after being convicted for soliciting a K800 bribe.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.