Search

Zambia’s copper windfall lifts mining hopes as IMF programme ends

Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Copper mine. Photo by Jandira Sonnendeck @ Unsplash
  • Copper at record highs boosts Zambia’s post-IMF outlook
  • Output target of 3 million tonnes by 2031 gains momentum

 

LUSAKA, ZAMBIA – Record global copper prices are lifting confidence in Zambia’s mining sector as the country exits its IMF programme and pushes a debt-recovery strategy anchored on expanded production.

Copper is trading at about $13,000 a tonne, the highest level in the history of the metal, a development Zambia-focused researchers say could mark a turning point for the country’s mining-led recovery.

Recent Business

Copper mine. Photo by Jandira Sonnendeck @ Unsplash
Zambia’s copper windfall lifts mining hopes as IMF programme ends
Read More »
Coding session at a tech startup. Photo by Desola Lanre-Ologun@ Unsplash
African tech startups raise $4.1bn as debt takes centre stage
Read More »
Healthcare dominated discussions between Ethiopia and Germany. Photo by Francisco Venâncio @ Unsplash
Germany’s Bayer, industrial giants eye Ethiopia as reforms lure European capital
Read More »

Recent Politics

Uganda president Yoweri Kaguta Museveni. Photo: Yoweri Kaguta Museveni/Facebook
Uganda’s disputed election under Museveni deepens East Africa concerns
Read More »
William Ruto, President of The Republic of Kenya. Photo: @ William Ruto/Facebook
Kenya’s opposition succession battle draws in Ruto, Uhuru as 2027 race takes shape
Read More »
Samia Suluhu Hassan, President of Tanzania. Photo @ Samia Suluhu Hassan/Facebook
Will Tanzania's shuttle diplomacy to Western nations bear fruits?
Read More »

Latest Posts

Latest news insights