Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
The city skyline of Lusaka, Zambia, on Thursday, Sept. 21, 2023. For over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative to build hydropower plants, roads and rail lines across the continent — as well as unparalleled influence.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
Zambia has decided against pursuing a one-year extension of its International Monetary Fund program that’s set to expire this month, the Washington-based lender said on Wednesday, an about turn that will surprise investors.
The city skyline of Lusaka, Zambia, on Thursday, Sept. 21, 2023. For over a decade, China poured more than $120 billion of government-backed loans through its Belt and Road Initiative to build hydropower plants, roads and rail lines across the continent — as well as unparalleled influence.
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.
Chinese mine operators in Zambia started paying royalties and taxes in yuan in Africa’s second-biggest copper producer, the latest sign of the growing acceptance of the currency on the continent.
Copper plates on wagons ready for shipping at a refinery in Mufulira, Zambia.
Zambia and Zimbabwe agreed to each contribute $220 million to build the delayed $4.2 billion Batoka Gorge hydropower plant that will supply electricity to both nations.
Zambia and Zimbabwe agreed to each contribute $220 million to build the delayed $4.2 billion Batoka Gorge hydropower plant that will supply electricity to both nations.
The Kariba Dam between Zimbabwe and Zambia. Photographer: GUILLEM SARTORIO/AFP
Zambia’s president signed into law a constitutional amendment bill that overhauls the composition of parliament before the country holds general elections in August.
Zambia’s president signed into law a constitutional amendment bill that overhauls the composition of parliament before the country holds general elections in August.
Zambian lawmakers approved changes to the country’s constitution that alter the composition of parliament, eight months before the country holds elections.
Zambian lawmakers approved changes to the country’s constitution that alter the composition of parliament, eight months before the country holds elections.
Zambia initiated a $1.4 billion overhaul of a key railway linking the southern African nation’s copper region to a port on the Indian Ocean, in a ceremony that marked the first visit by a Chinese premier to the country in almost three decades.
Zambia initiated a $1.4 billion overhaul of a key railway linking the southern African nation’s copper region to a port on the Indian Ocean, in a ceremony that marked the first visit by a Chinese premier to the country in almost three decades.
A locomotive driver in a Tanzania-Zambia Railway Authority (TAZARA) train in Kapiri Mposhi, Zambia.
Zambia initiated a $1.4 billion overhaul of a key railway linking the southern African nation’s copper region to a port on the Indian Ocean, in a ceremony that marked the first visit by a Chinese premier to the country in almost three decades.
Zambia initiated a $1.4 billion overhaul of a key railway linking the southern African nation’s copper region to a port on the Indian Ocean, in a ceremony that marked the first visit by a Chinese premier to the country in almost three decades.
A locomotive driver in a Tanzania-Zambia Railway Authority (TAZARA) train in Kapiri Mposhi, Zambia.
Anmelden
