Zambia

Zambia and the AfDB

Since 1971, the Bank has committed more than US $1 billion to Zambia through mainly support towards public sector infrastructure projects in agriculture, industry, water and sanitation, energy, social sector (education and health), transport and multi-sector (primarily general budget support). The predominant financing modalities are project loans/grants.

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Zambia Economic Outlook

Zambia weathered two years of below-average rainfall in the agriculture seasons of 2015 and 2016. The two dry periods affected the regeneration of key hydropower reservoirs, which lost about 50% of their generation capacity, leading to significant load shedding of up to 12 hours. Combined with low copper prices, economic activity declined to its lowest in more than a decade, reaching 2.9% GDP growth in 2015; it rebounded to 3.4% in 2016. Good rains in 2017 increased agricultural production and ended load shedding. Growth is projected to exceed 4% in the medium term, aided by rising global demand for copper that boosted prices by more than 16% this year.

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Key Facts

Flag:
Capital: Lusaka
Area: 753,000 sq km
Total Population 2017: 17.2 Million
Urban Population 2017: 73.50%
Female Population 2017: 49.70%
GDP: US$ 24.2 Billion
GNI Per Capita 2015: US$ 1,500
Inflation Rate: 5.30%
Crude Birth Rate (per 1000): 39.00%
Human Development Index (rank / 188): 139
Human Development Index (scale 0 to 1): 0.579
Membership Date: 01/09/1966
Cumulative Approvals (1967-2016): UA 1.4 Billion

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Contacts

Zambia field office

African Development Bank Group
Banc ABC House, 746 Church Road
Cathedral Hill, PO Box 51449
Ridgeway, Lusaka, ZAMBIA

Tel: (260) 211 257868/69/74
Fax: (260) 211 257872

Mr. Damoni KITABIRE
Resident Representative

Southern Africa Regional Development and Business Delivery Office

African Development Bank Group
339 Witch-Hazel Avenue
Highveld Ext. 78
Centurion, South Africa

Tel: +27 12 003 6900