President Hakainde Hichilema has welcomed Bloomberg’s latest economic outlook projecting Zambia to record over 6 percent Gross Domestic Product (GDP) growth in 2025, the fastest in Africa.
In a post on his official Facebook account on August 15, 2025, President Hichilema said the forecast affirms government’s economic reform agenda and national targets.
“Bloomberg has today confirmed what we have all been working towards – Zambia is projected to record over six percent GDP growth in 2025, the fastest in Africa,” Hichilema wrote.
He said a growing economy was central to the government’s mission.
“It means more jobs, better pay, stronger public services, and real opportunities for every Zambian to build a better life,” the President said.
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Hichilema attributed the positive projection to Zambia’s June 2024 debt restructuring deal, which he said restored investor confidence and unlocked the country’s growth potential.
“This milestone comes on the back of our June 2024 debt restructuring, which unlocked investor confidence and is unleashing our potential,” he said.
Paying tribute to Zambians for their resilience and belief in a shared vision of prosperity, Hichilema added:
“Together, we are proving that with bold reform we can transform our economy and create opportunities for all. The journey continues.”
According to Bloomberg’s updated economic outlook (Matthew Wikler, August 2025) — following up on its presentation at the Africa Business Media Innovators Summit in Livingstone earlier this year — Zambia’s projected growth of over 6 percent in 2025 would mark its highest since 2018, when the economy grew by 4 percent.
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