Zambia: Economic test looms for next administration
Zambia has managed to stabilize its economy after becoming the first sovereign to default on its debt obligations during the Covid-19 pandemic.
It has since negotiated restructuring deals with the majority of its creditors and successfully concluded a $1.7 billion funding program with the International Monetary Fund (IMF).
The economy is projected to expand 5% in 2026, driven by investment in copper mining and a bumper maize harvest.
But risks remain.
