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Zambia

Zambia is a landlocked country in southern Africa. The capital is Lusaka. With a population of about 20-million, Zambia's economy is heavily dependent on copper mining, which accounts for the majority of export earnings. The country is one of the world's largest copper producers, with most mining activity concentrated in the Copperbelt province in the north. Other key sectors include agriculture, tourism and energy generation, particularly hydroelectric power from the Zambezi river. The currency is the Zambian kwacha. Zambia is a republic with a presidential system of government. The country is a member of the Southern African Development Community, the Common Market for Eastern and Southern Africa and the African Union. Zambia gained independence from Britain in 1964, emerging from the former Northern Rhodesia, and has maintained relative political stability compared with some regional neighbours, though it has faced economic challenges including debt management and currency volatility.

Zambia Updates

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African countries face rising economic risks: six ways they can navigate global uncertainty

30th October 2026 The current global economic situation is confusing. On the one hand it’s characterised by inflation, and food and other critical supply shortages... →

A rail track

Tanzania and Angola agree to link ocean corridors by rail

By: Reuters     30th October 2026 Tanzania and Angola have agreed to connect their Indian Ocean and Atlantic Ocean transport corridors with a railway link via Zambia and the... →

Image of Hakainde Hichilema

Daily Podcast – October 28, 2026

By: Halima Frost     28th October 2026 Making headlines: FF+ Tulbagh deputy chair defects to DA ahead of local elections; RISE Mzansi, GOOD to merge at ‘earliest opportunity’; And,... →

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Zambia's president appoints new mines minister in cabinet changes after election

By: Reuters     28th October 2026 Zambia's President Hakainde Hichilema on Wednesday appointed Brenda Tambatamba as the Southern African copper-producing country's new mines... →

President Cyril Ramaphosa

SA: Cyril Ramaphosa: Address by South African President, opening remarks at the Virtual Extraordinary Summit of SADC Heads of State and Government (21/10/2026)

23rd October 2026 We undertook to accelerate industrialisation, develop local infrastructure, transform agriculture and harness our minerals to drive the development... →

Ethiopia's central bank joins African payments system PAPSS

By: Reuters     15th October 2026 Ethiopia's central bank has joined the Pan-African Payment and Settlement System, the platform said on Thursday, bringing the country closer to... →

US wants Senegal debt restructuring wrapped up in less than a year

By: Reuters     15th October 2026 The United States views Senegal's request for debt restructuring as a "great example" of progress on the Group of 20 Common Framework, and wants to... →

Africa's economic resilience masks rising inflation threat and fragile buffers, IMF warns

By: Reuters     15th October 2026 Sub-Saharan Africa's inflation outlook has worsened since April even as growth held up better than expected, the IMF said, warning that the... →

IMF Logo

IMF reaches staff-level agreement with Zambia on new credit facility

By: Reuters     9th October 2026 The IMF said on Friday it had reached a staff-level agreement with Zambia on a new extended credit facility arrangement for the southern African... →

Webber Wentzel

Africa’s next growth chapter starts with capital closer to home

9th October 2026 Africa enters the FT Africa Summit this year facing a familiar question in unfamiliar circumstances. How does the continent finance growth when... →

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