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AT the annual JP Morgan Emerging and Frontier Markets Opportunities Conference in London this morning where Secretary to...
16/09/2026

AT the annual JP Morgan Emerging and Frontier Markets Opportunities Conference in London this morning where Secretary to the Treasury Mr Felix Nkulukusa and Bank of Zambia Deputy Governor Dr Francis Chipimo made a presentation presentation on, "Zambia: Macroeconomic Outlook Post Elections", with an optimistic outlook albeit the anticipated climate risks and the conflict in the middle east.

Mr Nkulukusa and Dr Chipimo and delegation also held a couple of side meetings with Zambia's partners, assuring them of the government's commitment to growth targets as espoused in President Hakainde Hichilema flagship "Grow Zambia Agenda" for his second term in office. The Grow Zambia Agenda sets ambitious production and development targets intended to support economic diversification, enhance productive capacity, strengthen value chains, and create greater opportunities for investment and employment.
The targets include achieving:
* 10 million tonnes of maize production;
* 10, 000 megawatts of electricity-generation capacity;
* 5 million tourist arrivals;
* 3 million tonnes of copper;
* 3 million tonnes of soya;
* 1 million tonnes of wheat;
* 1 million tonnes of sugar; and
* US $1 billion in beef export revenues.

High Commissioner joins a high-level panel on the outcome of UK ODA allocationsThe High Commissioner of Zambia to the UK...
16/09/2026

High Commissioner joins a high-level panel on the outcome of UK ODA allocations

The High Commissioner of Zambia to the UK, Her Excellency Macenje Mazoka, joined a high-level panel last evening on the outcome of Overseas Development Assistance allocations and the new UK government’s approach.

Convened by the Centre for Global Development (CGD), the private event discussed the topic, “Will Prime Minister Burnham's Reform Agenda Come to International Development? ” and featured Liz Ditchburn (H.E. Mazoka's immediate left), Commissioner at the Independent Commission for Aid Impact and Flora Alexander (l), UK Executive Director of the International Rescue Committee.

The event, directed by Ian Mitchell, Co-Director, Europe and Senior Fellow at CGD, examined the UK's country allocations and the choices now facing the new Government on international development strategy, drawing on the recently published Independent Commission for Aid Impact's (ICAI) report, UK aid spending to 2029.

The High Commissioner spoke about the new Zambia-UK partnership and the impact reduced support has on Zambia.

The UK government’s recently published country-level allocations reveal the scale of the shift underway. Bilateral funding to a number of longstanding partner countries, including Malawi, Mozambique, Kenya and Tanzania, is being cut by around 90%, while support to Ukraine, Sudan, Palestine and Lebanon remains fully protected.

The allocations leave the new UK Government of Andy Burnham with an inherited strategy, and important decisions about what comes next.

The event brought together partner-country and UK perspectives to examine what the allocations mean in practice for the countries most affected, the implications of the Government's shift towards humanitarian response and investment-led development, the choices now facing the new Government, and whether the allocations should be revisited, where there is scope for wider reform, and what priorities should shape the UK's international development strategy under Prime Minister Burnham. Overseas Development Assistance allocations and the new government’s approach.

15/09/2026
15/09/2026
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14/09/2026

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