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
Ethiopia's central bank joins African payments system PAPSS
By: Reuters Updated 5 hours ago 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 Updated 5 hours ago 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 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... →
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... →
Zambia says it is negotiating US minerals deal after 'decoupling' from health pact
By: Reuters 8th October 2026 Zambia is negotiating a critical minerals deal with the US government after "decoupling" it from a separate health funding agreement it signed on... →
Africa can see El Niño coming – will countries act in time?
By: ISS, Institute for Security Studies 8th October 2026 Early warnings must be heeded to protect coping capacity and prevent a foreseeable shock from becoming an irreversible setback. A strong El Niño... →
Jonathan Oppenheimer emphasises urgency of tackling climate change challenge 
By: Martin Creamer 7th October 2026 With the prospect of even more extreme climate change, with the challenges faced in the environmental space worldwide, the importance of a... →
Moody's turns positive on sub-Saharan African countries
By: Reuters 7th October 2026 Moody's raised its outlook for sub-Saharan African countries to positive on Wednesday, saying reforms had helped them weather inflationary... →
Eskom to facilitate construction of more data centres in South Africa, Ramokgopa tells Windaba delegates
By: Rebecca Campbell 6th October 2026 Power utility Eskom will soon make a major announcement about facilitating the construction of data centres in South Africa. This was announced by... →
