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Zambia trimmed its growth forecasts for the next two years due to the mounting economic threat that El Niรฑo poses to the copper-rich nation, as well as the prolonged impact of the Iran war.
Zambiaโs kwacha is up 14.8% against the US dollar in 2026 and Nigeriaโs naira 8.5%, while Ugandaโs shilling fell 10%: a ranking of 12 African currencies. The post Kwacha Leads African Currencies in 2026 appeared first on The Rio Times.
Zambia's finance minister says money for roads on the Lobito Corridor, the US-backed copper route to Angola's coast, is secured. Procurement comes next. The post Zambia Says Lobito Corridor Road Financing Is Secured appeared first on The Rio Times.
A Zambian state firm has accused Abu Dhabiโs International Resources Holding of breaching agreements under which the Emirati company acquired control of the Mopani copper mining complex in early 2024.