AGP Executive Report
Last update: 5 hours agoCorridor Trade Boost: Cabinet approved the Walvis Bay–Ndola–Lubumbashi corridor management headquarters agreement in Windhoek, clearing the way for Zambia and DRC to access Namibia’s Port of Walvis Bay and deepen cross-border trade. Industrial Push in Kafue: Zambia’s Golden Baobab Multi-Facility Economic Zone in Kafue is nearly complete (about US$300m) and moving toward operations, with President Hichilema also promising local vehicle assembly and a dual carriageway upgrade to Kafue Bridge. Digital & Payments Growth: eMedia launched Openview Stream, Africa’s first independent FAST platform, rolling out in Zambia and other markets; MTN MoMo Zambia launched Salary Advance for public sector workers and enabled cross-border merchant payments via TerraPay’s Xend. Mining & Jobs Narrative: Zambia’s renewed copper investment drive is framed as powering jobs and industrialisation, while Congo approved a Lobito Corridor rail rehabilitation partnership with Mota-Engil to speed mineral exports. Governance & Integrity: Zambia’s FIU-linked money laundering claims surfaced again as lawyer Overs Banda alleged illicit funds in his account were for President Lungu, alongside broader corruption-fight signals. Elections & Business Climate: Political debate ahead of 13 August continues, with commentary stressing that stability must translate into real relief for households and businesses, not just macro gains. Agriculture Resilience: Research and regional conference discussions highlighted demand for pest- and disease-tolerant seeds and the need for land security, infrastructure, and policy certainty to unlock farm output and exports.
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