Zambia

  • Growth in real GDP accelerated to 7.3% in 2012 from 6.8% recorded in 2011 while inflation declined to an annual average of 6.5% in 2012 from 8.7% in 2011. In the next two years, growth is expected to remain strong and inflation low.
  • Zambia’s economic and governance landscape is improving though challenges remain. The country moved up two places on the Mo Ibrahim Index of African Governance in 2012 but fell 10 places in the latest World Bank report Doing Business where it now ranks 94th out of 185 countries.
  • Despite marked improvements in economic performance, Zambia has yet to achieve significant gains in social and human development. The poverty headcount remains high, with about 60% of the population still living below the poverty line.

Project Portfolio

Reference Project Status
P-ZM-AAE-002 Project Preparation Facility - Zambia LISP

Categories: Agriculture & Agro-industries

ApprovedAPVD
P-ZM-FA0-003 Power Tranmission Project

Categories: Energy & Power

ApprovedAPVD

Contacts

Zambia field office

African Development Bank Group
Zambia Country Office (ZMFO)
Banc ABC House, 746 Church Road
Cathedral Hill, PO Box 51449
Ridgeway, Lusaka, ZAMBIA

Tel: +260 211 257868/69/74
Fax: +260 211 257872 Ext:  6400 - 6420

Contact
Mr. Freddie Kwesiga, Resident Representative


Mr. Chiji Chinedum Ojukwu
African Development Bank Group
Temporary Relocation Agency (TRA)
P.O.Box 323-1002, Tunis-Belvédère, Tunisia
Tel: (216) 7110-2151








Key Facts

Flag:
Capital: Lusaka
Area: 753,000 sq km
Total Population 2012: 13.9 Million
Urban Population 2012: 36.15%
Female Population 2012: 49.86%
GDP: US$ 27.8 Billion
GNI Per Capita 2012: US$ 1,160
Inflation Rate: 6.50%
Crude Birth Rate (per 1000): 46.25%
Human Development Index (rank / 187): 163
Human Development Index (scale 0 to 1): 0.448
Membership Date: 01/09/1966
Cumulative Approvals (1967-2012): UA 890.2 Million

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