AGP Executive Report
Last update: an hour ago2027 Budget: Zambia is targeting 4.9% growth and a deficit no higher than 3% of GDP. The proposed K284.8 billion budget relies on domestic revenue for 82.1% of its funding, with new measures expected to raise K10.8 billion. Lobito Corridor: The Zambia–Lobito railway is moving towards financial close, with preferred construction bidders selected and freight interest of about two million tonnes a year. The line would connect the Copperbelt to Angola’s Atlantic port. Mining & Trade: Malawi’s first uranium shipment in years—145,000 pounds of concentrate—is travelling through Zambia to Walvis Bay for onward shipment to France, highlighting Zambia’s role in regional mineral transport. Industry: Government says the 24-hour economy is progressing and aims to lift manufacturing’s share of GDP from 9% to 30% within five years.
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