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ZMB

Stories (5)

economy

Zambia's Economic Diplomacy Ahead of 2026

Zambia commits to business continuity and economic diplomacy surrounding the 2026 elections. Key points: - Government vows uninterrupted operations for business and investors before, during, and after the August 2026 general elections. - Emphasis on economic diplomacy as a core pillar of foreign policy, aiming to diversify the economy, attract investment, and boost trade. - Active engagement with partners to position Zambia as a hub for sustainable business, trade, and inves

2026-05-24
economy

Zambia Reaffirms Rule of Law Ahead of 2026

Zambia’s foreign policy continues to emphasize peace, dialogue, and economic diplomacy ahead of the August 2026 general elections. Key points: - The government reaffirmed commitment to rule of law, peaceful, multi-party democracy, and stability as essential for development. - Acting Foreign Affairs Minister Princess Kasune hosted a 2026 Special Ministerial Briefing in Lusaka for the African Diplomatic Corps to brief on electoral preparations and strengthen ties with African

2026-05-24
economy

IMF and Zambia Near Economic Support Deal

Summary: The IMF reports significant progress toward a new financial support program with Zambia as it pursues economic stability after debt restructuring. Negotiations, following IMF discussions in Lusaka (April 30–May 13), aim to sustain macroeconomic stability, fiscal consolidation, and protection of social spending ahead of Zambia’s general elections in August. The IMF cautions that election-related fiscal pressures and global uncertainty could complicate progress. Zambia

2026-05-24
economy

Zambia's Role in Great Power Rivalry

Summary: Zambia faces a tightening great-power competition among China, the EU, and the US, with its foreign policy increasingly tied to development and sovereignty. Washington’s health funding and the US‑led Lobito Corridor connect Lusaka to broader security and economic partnerships, while the EU emphasizes governance, transparency, and sustainable investment standards via the Lobito Corridor. China remains a significant infrastructure financier, demanding governance and su

2026-05-24
economy

Zambia Urges Fair Partnerships in Minerals

Summary: - Zambia warns against monopolization in the global critical minerals sector and urges fair, transparent, ESG-guided partnerships to ensure inclusive benefits from the green transition. - Foreign Affairs Minister Mulambo Haimbe emphasized Zambia’s commitment to mutually beneficial, transparent collaborations within the critical minerals value chain, aligned with ESG standards and human rights. - In Brussels, Haimbe discussed with EU Climate Commissioner Wopke Hoekstr

2026-05-24