AGP Executive Report
Last update: 8 hours agoUS Health Pact: Zambia and the United States signed a five-year health agreement, with Washington committing about $1.5 billion after a dispute over patient-data access. The data arrangement’s practical details remain unclear. IMF Financing: Lusaka reached a staff-level deal for a new $1.472 billion, three-year IMF programme, pending board approval. It aims to support growth and public finances, while gradually raising the budget surplus and protecting priority social spending. Grow Zambia: President Hakainde Hichilema set targets including 10,000 megawatts of power and 3 million tonnes of copper annually, and directed government institutions to buy electric vehicles. The shift will require charging infrastructure and careful management of costs. Investment: ZCCM-IH approved a $498 million Nchanga tailings-leach plant, while Axian Energy and Africa GreenCo signed a 240MW solar power-purchase agreement, adding to Zambia’s expanding energy pipeline.
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