Tag Archives: Zambia
Zambia’s economy is looking bright after the recent IMF visit to the country to further discussions on the 2017 Article IV consultation. The country has grown in foreign investors towards Zambia’s government securities market and also a good climatic condition – marked by moderate rainfall to support the agricultural sector. The country has also requested for an IMF-Supported program. According to the IMF team, the Zambian economy has witnessed a positive growth which could possibly allow the country to be supported by IMF’s Extended Credit Facility (ECF). The ECF provides financial assistance to countries with protracted balance of payments problems. As it stands now, the IMF seeks to reach more understanding of the country and based on that grant Zambia’s ECF request.
USTDA also announced approval of funding for a 130-140 megawatt wind power project being development by Access Wind One Zambia Limited, the Zambian subsidiary of Access Power Limited
The United Nations Special Rapporteur on the right to food, Hilal Elver, today cautioned that many Zambian peasants are at risk of becoming squatters on their own land as Zambia is turned into Southern Africa’s food basket.
Big increase in international pavilions at Agritech Expo Zambia shows global excitement about Zambian farming sector
“Agriculture key in the diversification of the Zambian economy”
The UK and Zambia have signed an Energy Africa Partnership Agreement, announcing their commitment to accelerate the expansion of the household solar market across Zambia
IFC, a member of the World Bank Group, is the largest global development institution focused exclusively on the private sector. We help developing countries achieve sustainable growth by financing investment, mobilizing capital in international financial markets, and providing advisory services to businesses and governments. In FY12, our investments reached an all-time high of more than $20 billion, leveraging the power of the private sector to create jobs, spark innovation, and tackle the world’s most pressing development challenges. For more information, visit http://www.ifc.org.
Regional Seminar on the Implementation and Promotion of Economic, Social and Cultural Rights: Discrimination in the context of the Right to Food in Southern Africa
LILONGWE, Malawi /African Press Organization (APO)/ – Around 60 experts from governments, civil society, national human rights institutions, as well as the agricultural sector will meet from 3 to 4 April 2013 in Lilongwe, Malawi, to discuss concrete measures to respect, protect and fulfil the right to food in the sub-region. Experts from Belgium, Norway, the Food and Agricultural Organization of the United Nations, the Office of the United Nations High Commissioner for Human Rights and other UN agencies will also attend.
Bharti Airtel, a leading telecommunications services provider with operations in 20 countries across Asia and Africa, today announced the appointment of Ms. Charity Chanda Lumpa as Managing Director (MD) of Airtel’s operation in Zambia with effect from May 1st 2013.
LILONGWE, Malawi, March 14, 2013/African Press Organization (APO)/ – The African Development Bank (AfDB) Group (http://www.afdb.org) approved, on March 13, 2013, grants and loans amounting to US $73 million to finance irrigation and road rehabilitation projects in Malawi.