AGP Executive Report
Last update: 5 hours agoEconomic Outlook: President Hichilema met an IMF team to discuss a successor programme, saying it would complement the Grow Zambia Agenda. Absa says Zambia is growing faster than many SADC peers, but warns El Niño could threaten growth. Moody’s has placed Zambia among eight African countries with a positive outlook, while the World Bank upgraded its 2026 regional growth forecast to 4.3% and flagged debt-servicing risks. Power & Investment: Zambia’s installed generation capacity has risen to 4,722 megawatts, including 1,027.5MW of solar. A planned $300 million, 200-kilometre Zambia-DRC power line could supply up to 550MW to the Copperbelt and create export opportunities for Zambian producers. Mining: ZCCM-IH approved KCM’s $498 million tailings plant, expected to produce about 70,000 tonnes of copper a year. Separately, authorities are investigating a reported KCM spill after river discoloration and fish deaths near Chingola.
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