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Ministry of Commerce, Trade and Industry Principal Public Relations Officer, Everness Nankala, has said that government was committed to achieving the projected 6.4 percent economic growth rate in 2026, anchoring the effort on inclusive and equitable development across all sectors.
Nankala said the 2026 outlook reflected government’s determination to steer Zambia toward middle-income status through increased productivity in key economic areas.
In a statement issued in Lusaka on Friday, Nankala said improved performance in mining, agriculture, information and communication technology (ICT), and enhanced electricity supply would drive the growth momentum.
“Zambia’s economic outlook for 2026 is anchored on propelling the country towards middle-income status through inclusive growth and equitable development, achieved by enhancing output across key productive sectors,” she said.
Nankala noted that mining remained the backbone of the economy, with government setting an ambitious target of producing over one million tonnes of copper next year. She added that agriculture was expected to rebound strongly due to improved climate adaptation measures.
Maize production is projected to exceed 3.7 million metric tonnes, supported by increased investment in irrigation—expected to more than double irrigated output to 1.6 million tonnes.
“Beyond crop production, government is also expanding the fisheries and livestock sectors to unlock new export opportunities,” she said.
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She further revealed that Zambia was targeting US$1 billion in beef exports as part of efforts to position the country competitively within regional and global markets.
On the energy sector, Nankala highlighted ongoing reforms and diversification of the energy mix aimed at addressing electricity shortages and securing stable supply.
“Electricity generation capacity is expected to reach 2,600 megawatts by 2027 following the completion of 29 energy projects currently under construction,” she stated, adding that the improved energy security will support wider economic diversification.
Nankala also reaffirmed government’s commitment to implementing policy measures outlined in the 2026 National Budget, themed “Consolidating Economic and Social Gains Towards a Prosperous, Resilient and Equitable Zambia.”
“Government will continue to reduce the cost of doing business to and promote local beneficiation through empowerment programmes,” she said.
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