John Hope Bryant founder, chairman and CEO of Operation HOPE Inc. (Photo courtesy of Operation HOPE Inc.) ATLANTA and NEW YORK – The Republic of Zambia and Operation HOPE today signed a Memorandum of ...

Zambia is seeking a compromise solution with bondholders and does not expect them to seize its mining assets even though it ...

Zambian Minister Situmbeko Musokotwane in February. (Dwayne Senior/Bloomberg News) Zambia’s is ready to move on from a failed economic development model based on borrowing billions of dollars of debt ...

Zambia has earmarked 47.7 billion kwacha ($2 billion) to tackle debt servicing as it tries to navigate out of a debt crisis, Finance Minister Bwalya Ng'andu said on Thursday LUSAKA, Dec 10 (Reuters) - ...

JOHANNESBURG, Nov 30 (Reuters) - Zambia is pushing hard to complete the restructuring of nearly $15 billion of external debt in the first quarter of 2023 and is "in active engagement" with its largest ...

The African Development Bank approves $14.54M for Zambia’s 20MW Garneton North Solar Project, providing electricity to 82,000 ...

The ministry of finance published its medium-term budget on 9 July noting that the cancellations will reduce the risk of accumulating more non-concessional debt – but no further details were given.

LUSAKA (Reuters) -Zambia's government voiced concern on Friday about the "unnecessary financial strain" that would be caused by a new rule requiring its citizens to pay bonds of up to $15,000 to ...

LUSAKA, July 25 (Reuters) - Zambia's economy is projected to grow around 2.5 percent this year, down from an initial projection of almost 4 percent, Finance Minister Bwalya Ng'andu said on Thursday.

The cost estimate for the US-backed rail project is significantly higher than previous ones for the 800-kilometer project.

Zambia is nearly completely reliant on hydropower: 96 percent of its energy is fuelled by the Zambezi river. But climate change is affecting capacity, and long power cuts are now a daily occurrence.

Zambia Concerned by 'Financial Strain' of New US Visa Bond By Chris Mfula LUSAKA (Reuters) -Zambia's government voiced concern on Friday about the "unnecessary financial strain" that would be caused ...