Zambia

Economics

Zambia secured a $184 million disbursement after the International Monetary Fund completed the fourth review of the country's August 2022 support program, Bloomberg reported on Dec. 17.

Zambia: IMF Approves Fourth Review of Support Program 

Sub-Saharan Africa

Angola

Democratic Republic of the Congo

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Politics

U.S. President Joe Biden confirmed that the United States would provide an additional $600 million in financing to support the development of the Lobito Corridor, which will connect Zambia's Copperbelt to the Atlantic Ocean, Bloomberg reported on Dec. 4.

U.S., Africa: Biden Confirms $600M in New Financing for Lobito Corridor

Nigeria

Middle East and North Africa

The ninth edition of the Forum on Africa-China Cooperation began in Beijing, China, Voice of America reported on Sept. 4.

China, Africa: Beijing Strikes Agreements as Africa-China Summit Kicks Off

The Zambia Chamber of Mines and the Association of Zambian Mineral Exploration Companies warned that the passing of the Minerals Regulation Commission (MRC) Bill in its current form would deal a "fatal blow" to the Zambian government's plans to raise the country's copper output to 3 million tonnes by 2032, Reuters reported Aug. 7.

Zambia: Mining Bodies Warns New Law Will Deal "Fatal Blow" To Copper Production Ramp-Up Plans

Energy

Environment, Science & Technology

Science & Technology

Zambia's state-owned electricity utility ZESCO said the country will face a 700-megawatt deficit in power generation in 2024 amid Zambia's worst drought on record, Reuters reported on April 22.

Zambia: Government Looks To Ramp Up Power Imports Amid Drought-Induced Power Deficit 

Ethiopia

Ghana

Zambian President Hakainde Hichilema announced that his government had reached an agreement with Zambia's eurobond holders under which the country would restructure $3.5 billion in debt under the G20 Common Framework, Bloomberg reported on March 25.

Zambia: Bondholders Agree To Restructure $3.5B in Debt

India

Zambia signed agreements with China and India to restructure its bilateral external debt, the Financial Times reported on Feb. 24.

Zambia: Government Signs Debt Restructuring Deal With China, India

China's Ambassador to Zambia Du Xiaohui presented a $1 billion plan to revamp a railway connecting Zambia's copper mines with Tanzania's port of Dar es Salaam, Bloomberg reported on Feb. 7. 

Tanzania, Zambia: China Proposes $1B Railway Refurbishment

Assessments

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U.S. President Joe Biden and President Joao Lourenco of Angola on Nov. 30, 2023, at the White House. Biden on Dec. 2-4 will visit Angola, where he will focus on the Lobito Corridor project that aims to refurbish and expand railways connecting critical mineral-rich regions in Zambia and the Democratic Republic of Congo with the Angolan port of Lobito.

Military & Security

U.S.-China Relations

A look at what the coming week will bring -- and a list of recommended RANE articles from the week that was.

The Weekly Rundown: Biden Visits Angola, von der Leyen's Second Term

Workers move batches of copper sheets on July 6, 2016, in Mufulira, Zambia. Zambia's copper output will likely steadily increase by the late 2020s on the back of a more stable tax environment and a global rush for critical minerals, but the country faces an uphill battle to meet its 2032 copper production target.

Zambia's copper output will likely steadily increase by the late 2020s on the back of a more stable tax environment and a global rush for critical minerals, but the country faces an uphill battle to meet its 2032 copper production target.

Zambia Banks on the Green Rush for Copper 

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Yael Braun-Pivet, a French lawmaker for the ruling Renaissance party, delivers a speech after being reelected as National Assembly president following the third round of voting on July 18, 2024.

Israel-Hamas Conflict

The Weekly Rundown: France Resumes Political Horse-Trading, Blinken Returns to Middle East

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Kenya

South Korea

South Korean President Yoon Suk Yeol (R) speaks as Mauritanian President Mohamed Ould Ghazouani (L), chair of the African Union, listens during a joint press conference following the 2024 Korea-Africa Summit in Goyang, South Korea, on June 4, 2024.

A recent summit highlights South Korea's commitment to expanding its role in Africa as Yoon looks to strengthen his country's technological future and geopolitical influence.

In South Korea, Yoon's Desire for Supply Chains and Prestige Points to Africa

Republic of the Congo

U.S. President Joe Biden shakes hands with President Joao Lourenco of Angola during a meeting in the Oval Office of the White House on Nov. 30, 2023, in Washington, D.C.

A new supply line could increase access to Central African mining exports and strengthen Western influence in the region, but several constraints stand in the way.

Washington's 'Flagship' Africa Project: A New Supply Line for Central African Mining Exports

Columns

On Geopolitics

South Asia

Just as low- and lower-middle-income economies are experiencing peak distress, they are finding it harder to secure financing assurances and debt relief from official creditors.

The Politics of Developing Economy Debt Restructuring, Part 1

Senegal

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Ukraine

Two Leopard 2A6 main battle tanks of the German armed forces participate in the NATO Iron Wolf military exercises on Oct. 27, 2022, in Pabrade, Lithuania. On Jan. 20, the Ukraine Defense Contact Group of military equipment donors to Ukraine will meet at Ramstein Air Base in Germany, where a breakthrough is expected regarding the supply of German Leopard tanks to Ukraine. 

Russia-Ukraine Conflict

The Weekly Rundown: Germany Discusses Tanks for Ukraine, the Lunar New Year Approaches

Newly elected Zambian President Hakainde Hichilema delivers a speech during his inauguration at the Heroes Stadium in Lusaka on Aug. 24, 2021. 

Beijing's first foray into debt restructuring under the G-20 framework will offer insight into China's potential position in other African countries' creditor talks.

What Zambian Debt Talks Could Mean for Chinese Borrowers in Africa

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A protester waves Sri Lanka's national flag outside the presidential palace in Colombo on July 13, 2022. 

The Weekly Rundown: Sri Lanka Picks a New President, a Russia-Turkey-Iran Summit

Chad

People wait outside the entrance to the annual meetings of the World Bank and International Monetary Fund (IMF) outside the IMF headquarters in Washington D.C. on Oct. 11, 2021. 

COVID-19

Pressing internal issues facing both institutions’ leaders and main shareholders will limit room for substantive reforms, further slowing the global economy’s recovery.

This Year’s World Bank-IMF Meetings Are Unlikely to Yield Progress

Belarus

Israeli self-propelled howitzers fire toward Lebanon on Aug. 6, 2021, from a position near the northern Israeli town of Kiryat Shmona following rocket fire from the Lebanese side of the border. Hezbollah and Israel traded fire Aug. 6, raising concerns they could be on the path to another major conflict.

A look at what the coming week will bring -- and a list of recommended Stratfor articles from the week that was.

The Weekly Rundown: Tensions on the Israel-Lebanon Border, Corruption Trials in South Africa

Brazil

A promotional board for the annual series of meetings between the International Monetary Fund (IMF) and the World Bank is seen outside the IMF headquarters in Washington D.C. on Oct. 13, 2020.

Amid the ongoing COVID-19 pandemic, the two financial institutions will discuss the need to prop up global growth and address growing debt vulnerabilities in developing countries. 

What to Watch for During This Week's IMF-World Bank Meetings

SITUATION REPORTS

Zambia: IMF Approves Fourth Review of Support Program

U.S., Africa: Biden Confirms $600M in New Financing for Lobito Corridor

China, Africa: Beijing Strikes Agreements as Africa-China Summit Kicks Off

Zambia: Mining Bodies Warns New Law Will Deal "Fatal Blow" To Copper Production Ramp-Up Plans

Zambia: Government Looks To Ramp Up Power Imports Amid Drought-Induced Power Deficit

Zambia: Bondholders Agree To Restructure $3.5B in Debt

Zambia: Government Signs Debt Restructuring Deal With China, India

Tanzania, Zambia: China Proposes $1B Railway Refurbishment

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