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Zambia

As the debts balloon, Lungu avoids the spotlight

Chart Copyright © Africa Confidential 2018
Chart Copyright © Africa Confidential 2018

The finance minister starts crisis talks with the IMF after the government fails to convince creditors

As leaders of the 53 Commonwealth member states gathered in London for the 15-17 April summit, one African head of state was conspicuously absent. Amid growing concern that Zambia's debt has ballooned to unmanageable levels on his watch, President Edgar Lungu keeps out of the international spotlight. His country is on the brink of crisis and the slide in the economy is damaging the copper-rich nation's bargaining power.

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Behind the curtains

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Mixed messages

Chart Copyright © Africa Confidential 2018

Egypt's main indicators are improving steadily, but this has not translated into better living standards or less repression

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Map Copyright © Africa Confidential 2018

Steep new taxes, a crackdown on the informal economy and an agreement with the EU spur mass protests


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