AGP Executive Report
Last update: 2 hours agoZambia–UAE Investment Push: President Hakainde Hichilema signed six agreements worth US$2.4bn in Abu Dhabi, including a US$2bn Medical City near Lusaka’s Kenneth Kaunda International Airport aimed at making Zambia a regional health tourism hub, plus deals spanning renewable energy, logistics, technology and biotechnology. Energy & Grid Reliability: ZESCO said a 0.2-second power disturbance at Levy Mwanawasa Stadium left floodlights dim for up to 20 minutes, prompting calls to redesign match-day lighting protection. Solar Expansion: Maamba Solar began injecting 100MW into the national grid as Zambia targets 1,000MW of solar by late 2026 amid El Niño drought risks. IMF Talks: Zambia has started discussions with an IMF mission on a successor Extended Credit Facility focused on growth, investment, exports, diversification and jobs. Digital Tax for Fuel Retail: Sabipay gained ZRA Smart Invoice certification and is integrating with Pesapal’s forecourt management to connect pump sales with digital tax compliance. Mining Tech & Copper Drilling: Prospect Resources reported new copper drill results from its Mumbezhi Nyungu Central target in Zambia, with multiple intersections above 1% copper. Youth & Skills: MTN Zambia Foundation launched an ICT Hub at Nachiyaba Secondary School in Chibombo with computers and community access to digital learning.
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