AGP Executive Report
Last update: 11 hours agoGrow Zambia: President Hakainde Hichilema set ambitious five-year production goals, including 10 million tonnes of maize, 3 million tonnes of copper and 10,000MW of electricity capacity. He also ordered government institutions to shift to electric vehicles and outlined plans for fuel pipelines linking Zambia with four neighbouring countries. IMF Programme: Zambia reached a staff-level agreement on a proposed $1.47 billion, 36-month facility. The programme would support growth and debt sustainability, with reforms on revenue, state-owned firms and public spending; approval is still pending. Mining: ZCCM-IH approved a $498 million KCM tailings leach plant, a major proposed investment in copper recovery. Renewable Energy: Axian Energy and Africa GreenCo signed a power purchase agreement for a 240MW solar project in Zambia, adding to a fast-growing pipeline of solar and storage developments.
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