AGP Executive Report
Last update: 6 hours agoRenewables Finance: Africa GreenCo says PIDB and IFDK have added US$11.5m, with Sanlam Alternative Investments lifting the third close to US$21.5m, strengthening bankable off-take for renewable power across Zambia, Zimbabwe, Namibia and South Africa. Mining & Power: President Hichilema urges Vedanta to speed up power generation for Konkola Copper Mines as the company targets higher output, underlining how electricity capacity drives copper operations. Food Security: Zambia warns that El Niño drought could push about 1.2m people into acute food insecurity from October to March, with northern areas likely wetter and southern regions facing below-normal rains. Water Infrastructure: Government commits K5bn to build and rehabilitate 60 dams in drought-prone provinces to support irrigation, livestock, fisheries, domestic supply and industrial activity. Energy Expansion: Sturdee Energy enters Zambia with a 200MW Masaiti wind project on the Copperbelt, aiming for financial close and grid connection via ZESCO lines. Agribusiness Support: Yango Food ends its Farmer’s Month campaign in Lusaka with a handover to WEAC beneficiaries, linking restaurant orders to support for local farmers and agribusiness entrepreneurs. Banking & Growth: Bank of Zambia backs financial-sector transformation to deliver the Grow Zambia Agenda, calling for innovation and data use by banks to mobilise investment. Governance & Rule of Law: A statement by acting President Mary Zambezi condemns the arrest of MP Faith Munthali, raising due process and constitutionalism concerns. Trade & Logistics: SolitAir launches freight services to Ghana via Accra, expanding its African network and targeting cargo flows of gold and perishables.
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