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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

Real GDP growth slowed to an estimated 2% in 2019, down from 4.0% in 2018. Zambia’s economy was hit by drought in the south and west that lowered 2018/19 agricultural production and hydropower electricity generation considerably. Severe electricity rationing followed, and long periods of electricity load shedding dampened activity in almost all economic sectors. Zambia also faces slower mining, with reduced output and lower copper prices. Economic activity is expected to remain weak, with growth rebounding moderately to 2.4% in 2020 and 2.9% in 2021.

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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 Country 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

Ms. MONYAU MARY MANNEKO
Country manager

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

Mr Kapil Kapoor, Director General