Source: Ministry of Foreign Affairs of Japan |

Agreement in principle reached on Agreement between Japan and the Republic of Zambia for the Promotion and Protection of Investment

The agreement mainly aims to strengthen the legal protection of investments

Japan and the Republic of Zambia have agreed in principle on the Agreement between Japan and the Republic of Zambia for the Promotion and Protection of Investment at the third round of negotiations held in Lusaka, the capital of Zambia, on 16-17 December, 2024. The Japanese delegation to this round…

Source: International Federation of Red Cross and Red Crescent Societies (IFRC) |

A lifeline amidst drought: How the Zambia Red Cross is bringing hope to families on the forefront of the climate crisis

Over 5,200 households have benefited, with access to essential farming supplies—maize, okra seeds, and fertilizers—that offer them a way to revive their livelihoods

In Zambia, where the agricultural landscape once flourished, fields are now desolate. Crops wither under relentless drought brought on by El Niño, leaving 84 districts in crisis. The Zambia Red Cross Society (ZRCS), in partnership with the IFRC, is providing a vital lifeline, delivering not just aid, but hope. Some…

African Development Bank Group (AfDB)
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    • The African Development Bank's financial support for Zambia aims to increase private sector participation in the economy, with a particular emphasis on agro-industrial development and climate-smart investments
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Source: African Development Bank Group (AfDB) |

Zambia: African Development Bank grants loan of $108 million to strengthen economic governance

The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme which is a key pillar in efforts to build a resilient and diversified Zambian economy

The Board of Directors of the African Development Bank Group (www.AfDB.org) approved a loan of $108 million to Zambia for an initiative aimed at strengthening the country's economic governance and implement reforms in key public sectors. The funds allow the implementation of the Fiscal Sustainability and Economic Resilience Support Programme…

Source: United Kingdom Foreign, Commonwealth and Development Office |

United Kingdom (UK) Development Minister focuses on "Driving Growth" in trip to Malawi and Zambia

The Minister of State for Development Anneliese Dodds will announce measures to drive growth in Africa, including educational support in Malawi and green growth projects in Zambia

Anneliese Dodds to announce measures to drive growth in Africa, including educational support in Malawi and green growth projects in Zambia. Growth “is at the heart of development”, Minister will say, unveiling new measures as part of the government’s “new approach to development.” The Minister for International Development, Anneliese Dodds,…

Source: BONI |

BONI is confident agreement will soon reached over Investrust to ensure Zambia’s international reputation remains intact

Advanced discussions between BONI, Afreximbank and Investrust Senior Management to secure the investment were already in place and shared with ZCCM-IH, the largest shareholder of Investrust

International bank BONI (www.BONILtd.com) notes media coverage around the Company’s historical investment in Investrust Bank Plc (“Investrust”), a bank based in Zambia. It has been widely reported and acknowledged by the Bank of Zambia, that regulatory delays meant BONI was never recognised as a shareholder in Investrust. This despite more…

Africa Finance Corporation (AFC)
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    • AFC's President & CEO, Samaila Zubairu, engages with U.S. President Joe Biden, DRC President Félix Tshisekedi, Zambian President Hakainde Hichilema, and Angolan President João Lourenço in pivotal discussions on the transformative Zambia-Lobito Rail project
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Source: Africa Finance Corporation (AFC) |

Africa Finance Corporation (AFC)-led Zambia Lobito Rail Project receives boost from Biden visit to Angola

The project is led by the Lobito Corridor consortium, with AFC as the as lead developer, working in partnership with the US Government

Lobito rail project will break ground by early 2026, AFC CEO Zubairu says at Presidential forum AFC commits up to US$500m in financing for Zambia-Lobito greenfield rail AFC announces MOU with Kobold Metals as anchor client, guaranteeing at least 300,000 tons of copper and related freight per year AFC pledges…

Source: Médecins sans frontières (MSF) |

Médecins sans frontières (MSF) to roll out injectable Human Immunodeficiency Virus (HIV) prevention drug in southern Africa

Increasing access to this long-acting preventive medicine could be a game changer in curbing the spread of HIV/AIDS

As World AIDS Day approaches on December 1, Doctors Without Borders/Médecins Sans Frontières (MSF) is preparing to roll out long-acting cabotegravir (CAB-LA) for pre-exposure prophylaxis (PrEP) in its projects in southern Africa. CAB-LA, administered as an injection every two months, has been described as a potential game changer in the fight…

Source: United Nations Economic Commission for Africa (ECA) |

Economic Commission for Africa (ECA) and partners hold a draft financial assessment report validation to help Lusaka City Council expand its fiscal space

The Economic Commission for Africa (ECA) was represented by Ms. Sweta Saxena, Director of Gender, Poverty, and Social Policy

“My vision for Lusaka City Council and other local governments is that through partnerships with stakeholders such as the United Nations – we can move towards developing digital tools that will help enhance our fiscal spaces as local authorities and once sustainable and concrete digital tools are rolled out only…

Source: United Arab Emirates, Ministry of Foreign Affairs |

United Arab Emirates (UAE) Dispatches Two Aircraft Carrying Relief Aid to Zambia and Guinea-Conakry

The UAE’s leadership is committed to continuously supporting international efforts to provide aid and assistance to communities and countries across the world

Following the directives of His Highness Sheikh Mohamed Bin Zayed Al Nahyan, UAE President, the UAE has dispatched two aircraft carrying relief aid to the Republic of Zambia and the Republic of Guinea. The UAE dispatched an aircraft to Zambia, carrying 50 tonnes of food aid, in response to the drought…

EnergyNet Ltd.
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    • Unlocking Opportunities and Driving Progress: Zimbabwe-Zambia Energy Projects Summit (1)
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Source: EnergyNet Ltd. |

Unlocking Opportunities and Driving Progress: Zimbabwe-Zambia Energy Projects Summit

Under the official patronage of Zimbabwe’s Ministry of Energy and Power Development for 2024, the summit will unveil energy project plans from both countries

The Zimbabwe-Zambia (Zim-Zam) Energy Projects Summit will take place from November 18-20, 2024, in Victoria Falls, Zimbabwe, and could not be more timely. With the governments of both countries making innovative structural changes to make energy projects more bankable, appetite for investment is high. This is the opportunity to secure…