AGP Executive Report
Last update: 8 hours agoUS Health Deal: Zambia and Washington signed a five-year health partnership with about $1.5 billion in US funding. The agreement follows a dispute over patient data; how its separate data-sharing arrangement will work remains unclear. IMF Programme: Zambia reached a staff-level agreement for a new $1.47 billion, 36-month facility, pending IMF board approval. The Fund forecasts 5.6% growth in 2026, while planned fiscal reforms aim to lift the primary surplus to 3% of GDP by 2029. Civil society has urged the government to protect jobs and social spending. Growth Agenda: President Hichilema set targets including 10,000MW of power, three million tonnes of copper and US$1 billion in annual beef exports, alongside a shift to electric vehicles for government institutions and new fuel pipelines. Investment and Energy: ZCCM-IH approved a $498 million Nchanga tailings leach plant, while Axian Energy and Africa GreenCo signed a 240MW solar power purchase agreement in Zambia.
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