AGP Executive Report
Last update: 7 hours agoGrowth Agenda: President Hakainde Hichilema’s five-year Grow Zambia plan targets more than doubling the economy, with annual goals including 10 million tonnes of maize, 10,000MW of electricity and three million tonnes of copper. US Health Pact: Zambia signed a five-year agreement worth $2.49 billion in combined commitments, with about $1.5 billion planned from the US and $975 million from Zambia; health cooperation is separate from ongoing critical-minerals negotiations, and officials say specimen-sharing clauses were removed. Power Investment: Axian Energy and Africa GreenCo signed a 240MW solar power purchase agreement, adding to Zambia’s expanding pipeline of solar projects. Mining: ZCCM-IH approved a $498 million tailings-leach plant at Nchanga, while a UN programme that includes Zambia aims to boost local processing and value from critical minerals. Economic Outlook: Moody’s gave sub-Saharan Africa a positive outlook, naming Zambia among countries with improving prospects, as the World Bank raised its 2026 regional growth forecast to 4.3%.
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