Zambia’s Debt-for-Energy Swap Explained
Zambia bought back a US$1.36 billion bond with an AfDB loan and committed US$275 million in savings to the power grid. A world first - explained, with the criticisms.
Zambia bought back a US$1.36 billion bond with an AfDB loan and committed US$275 million in savings to the power grid. A world first - explained, with the criticisms.
Inflation, the kwacha, copper, interest rates, power and public debt - a plain-English guide to the numbers shaping Zambia in 2026 and what each one means for business.
Debt restructured to 94 per cent of perimeter, inflation at an eight-year low, and record harvests - set against a primary surplus falling by two-thirds and no successor IMF programme.…
A K26.3 billion supplementary budget, softer demand for government paper and a rate cut, all within three weeks. What Zambia’s 2026 fiscal data reveals about the price of short-term decisions.
Zambia's manifestos promise transformation. The 2026 Budget, the debt position and the revenue base set the limits. A four-test framework for pricing any campaign promise.