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Vol 51 No 17

Published 27th August 2010


Zambia

Strong investment, weak prosperity

According to the latest figures from the Zambia Development Agency (ZDA), foreign direct investment totalled a record US$2.4 billion in the first half of 2010, up from $959 million in the same period in 2009. If the flow continues at that rate, it will exceed the government’s forecast of FDI of over $3 bn. for 2010. Mining still shows strong growth, buoyed by new investment and high copper prices. Agriculture will also see further growth this year, thanks largely to a bumper maize harvest.

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