Tag Archives: Zambia
Director of Protocol and Vice-Marshal of the Diplomatic Corps at the Foreign and Commonwealth Office in the United Kingdom Julian Evans has said Zambia is developing its position as a finance hub in Africa.
The U.S. Trade and Development Agency awarded a grant supporting a feasibility study for a 130 MW wind power project in Zambia. The grantee is Access Zambia Wind One Limited, a wind power project developer and subsidiary of Access Power, a Power Africa partner and developer, owner, and operator of power assets in emerging and frontier markets.
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