Our Scans · Zambia · Weekly Summary

• [New] Infrastructure development emerged as crucial, with projects like the Lobito Corridor - connecting Zambia, Angola, and the Democratic Republic of Congo - cited as examples of cross-border collaboration that could dramatically reduce transport costs and boost industrial efficiency. KBC Digital
• [New] Without policies that attract and retain investors, Zambia risks losing out on long-term benefits such as job creation, infrastructure development, and skills transfer. Lusaka Times-Zambia's Leading Online News Site - Lusaka
• [New] There is clearly no lack of innovative SMEs in Zambia and across Africa, and no lack of investors (whether commercial, impact-focussed or development-focussed) looking for opportunities. Climate Compatible Growth
• [New] Zambia's economy is forecasted to grow by 6.6%, supported by improvements in copper production and diversification efforts across other sectors. Businessday NG
• Namibia's Green Hydrogen and Derivatives Strategy envisions an integrated green ecosystem across Southern Africa with shared ports, pipelines and transmission networks linking Namibia, South Africa, Botswana, Zambia and Angola. SAIIA
• Average Salary: Mining safety officers in Africa can earn between $60,000 to $100,000 per year, with the potential for higher salaries in regions with large-scale mining operations, such as South Africa, Ghana, and Zambia. HSEWatch - Health and Safety (HSE) Blog
• Over half of Africa is either already in default or at high risk, with nations like Ghana, Zambia, Ethiopia and Malawi struggling to stay afloat. The Africa Brief
• Experts have previously cast skepticism on a suggestion by a Zambian official six years ago that water could be fed from the Congo River - the world's second-biggest river by volume - to the source of the Zambezi River in northwestern Zambia via canals. Energy Connects
• In Zambia, where energy security has been compromised due to extended load shedding, generators offer a level of energy independence that allows businesses and homeowners to mitigate the risks associated with power cuts. FMDRCZ - First Mining DRC-Zambia
• The shift from landlocked to land-linked is creating new trade and investment opportunities, driven by six major transport corridors connecting Zambia to regional and global markets. Zambia Transport & Logistics
• Experts have previously cast scepticism on a suggestion by a Zambian official six years ago that water could be fed from the Congo River - the world's second-biggest river by volume - to the source of the Zambezi River in north-western Zambia via canals. TechCentral
• Why Diversification is Urgent for Zambia - Mining Dependency Risk: Since the mining sector is dominated by foreign entities, Zambia's forex earnings from copper exports are limited. Lusaka Times-Zambia's Leading Online News Site - Lusaka
• Zambia will need to invest in other renewable energy sources, such as solar and wind, and improve its transmission and distribution infrastructure. Toxigon
• Ambassador Story stated that the Lobito Corridor is open for business and that the U.S. strategic investment in the key transportation and trade channel is important for unlocking the full potential of Angola, Zambia, and the Democratic Republic of the Congo. Stockhouse
• Initial scope of work will likely concentrate on the World Bank's ongoing mining sector financing and advisory support to countries of the Southern and Eastern Africa Region, including Zambia, Tanzania, Malawi, Zimbabwe, Burundi and Democratic Republic of Congo. 2025/2026 Mabumbe
• In Zambia, China is restoring infrastructure along the TAZARA railway, which will provide access to Zambia's mineral resources through Tanzania's port of Dar es Salaam on the Indian Ocean. allAfrica.com
• Access to the Port of Dar es Salaam offers SGL an advantage in serving landlocked countries such as Rwanda, Burundi, Zambia, and the Democratic Republic of Congo, unlocking new opportunities for cross-border logistics solutions. Zambia Transport & Logistics
• The IMF has trimmed its economic growth projections for Zambia in 2024 to 1.2% and in November lowered its forecast for 2025 to 6.2% from 6.6% due to constrained electricity output. BNN Bloomberg
• Some analysts warn that Zambia's over-reliance on foreign mining firms poses long-term economic risks, while others argue that stringent tax policies could drive investors away and stifle growth. Lusaka Times-Zambia's Leading Online News Site - Lusaka
• Zambia's mining sector, with its substantial energy needs and more predictable financial returns, presents a more attractive opportunity than cash-strapped households for investment in renewables. The New Humanitarian
• The UAE has announced plans to buy $450 million in carbon credits from Zimbabwe, Liberia, and Zambia and other countries in Africa with large swaths of forests by 2030. Skift
• The U.S. has committed $3 billion to expand a railway that will link mines in Congo and Zambia with an Atlantic port. Yahoo News
• The DPF will support Zambia in increasing climate and economic resilience to natural disasters and other future shocks, while the Cat-DDO will provide immediate liquidity in the aftermath of a natural disaster. World Bank

Last updated: 19 June 2025