AGP Executive Report
Last update: 4 hours agoDebt Management & Markets: Zambia has started buying back Eurobonds, offering about 78 cents on the dollar for more than US$1.3bn, funded by a US$600m AfDB loan plus domestic resources—aimed at avoiding a costly interest “step-up” and signalling confidence as reserves rise. Clean Energy & Climate Finance: Zambia also launched a US$600m debt-for-energy initiative, while the AfDB and Italy unveiled a clean cooking programme in Africa targeting one million households and cutting millions of tonnes of CO2. Public Finance & Investor Sentiment: Zambia concluded AfDB Annual Meetings with renewed investor confidence, citing progress in debt restructuring, fiscal reforms and inflation stabilisation. Anti-Corruption & Enforcement: The ACC arrested a Mulobezi WDC member for failing to disclose interest linked to a K200,000 empowerment loan, and the DEC intercepted a bus in Kabwe carrying cannabis and codeine. Health Security: Zambia confirmed two suspected Ebola cases tested negative, but keeps screening and surveillance high amid rising regional risk. Trade & Business: Switzerland funded a Bulawayo market revamp for informal traders with US$200,000, supporting safer trading spaces.
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