Executive Summary
Zambia is currently experiencing significant advancements in energy, mining, and infrastructure, positioning itself as an attractive investment destination. Recent government initiatives and foreign investments signal a strong commitment to fostering economic growth and improving export capabilities.
Executive Summary
Zambia is witnessing a surge in investment and production across key sectors, particularly in solar energy, mining, and agro-processing. Recent government policies and international partnerships are enhancing the country’s export potential and infrastructure.
Key Developments
- Stable Fuel Prices: The Energy Regulation Board has decided to maintain fuel pump prices for December 2025, indicating stable exchange rates and moderated global oil prices.
- Solar Manufacturing Investment: The Zambia Development Agency (ZDA) has secured a $500 million agreement with Asian investors to set up a solar panel manufacturing facility in the Lusaka South Multi-Facility Economic Zone.
- Mining Sector Growth: A 12% increase in mining production has been recorded in Q3 2025, primarily due to expansions at notable mines such as Kansanshi and Sentinel.
- Boost in Maize Exports: Government incentives for agro-processing have resulted in a 15% increase in processed maize exports to the Democratic Republic of Congo (DRC).
- Infrastructure Improvements: The first copper shipment via rail to Lobito Port marks a significant milestone, reducing transit time by 12 days. Moreover, the US Development Finance Corporation is investing an additional $250 million to enhance the capacity of the Benguela Railway to 1 million tonnes per annum.
Strategic Implications
The stability in energy pricing coupled with significant investments in renewable energy and mining highlights Zambia's commitment to diversifying its economy. Investors are encouraged to explore opportunities in these sectors as they underscore strong execution certainty and foster enhanced trade relationships within the region, particularly in the wake of improved logistical capabilities.