Zambia

2024 - 1 - 18

Zambia in the Headlines: Cholera Outbreak, Debt, and Green Bonds

Cholera Outbreak - Debt Restructuring - Green Bonds - Zambia

Discover the latest on Zambia's cholera outbreak, debt negotiations, and green bond success story!

A cholera outbreak in Zambia has captured international attention, with over 400 deaths reported and more than 10,000 infections. The government is taking drastic measures, converting a soccer stadium into a treatment facility and launching a mass vaccination program to curb the spread of the disease. Concurrently, discussions about Zambia's debt restructuring under the Common Framework are ongoing, with the US Treasury official engaging with the country's finance minister to address financial challenges.

In the midst of the health crisis, the Zambian authorities are making strides to combat the cholera outbreak by initiating a countrywide vaccination campaign. Various organizations, including the Red Cross and the Chinese community, have stepped in to provide support and resources in the fight against cholera. The situation in Zambia is part of a broader concern in Southern Africa, where countries like Malawi, Mozambique, and Zimbabwe are also grappling with escalating cholera cases.

On a positive note, Zambia's debut green bond has been successful, raising $54 million in its initial tranche. The green bond is a significant step towards sustainable development and environmental conservation in Zambia. This financial initiative showcases the country's commitment to addressing pressing environmental issues while attracting investments for future growth.

As Zambia navigates through the challenges posed by the cholera outbreak and debt restructuring, the successful implementation of green initiatives like the green bond highlights the country's potential for sustainable development and economic resilience.

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Image courtesy of "Reuters"

US Treasury official discusses cholera outbreak, debt with Zambia ... (Reuters)

The U.S. Treasury Department's top international official spoke with Zambia's finance minister on Wednesday and discussed Zambia's ongoing debt ...

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Image courtesy of "Voice of America"

US Treasury Official Discusses Cholera Outbreak, Debt With ... (Voice of America)

FILE - Zambian Finance Minister Situmbeko Musokotwane attends the annual meetings of the International Monetary Fund and World Bank in Washington, Oct. 15, 2022 ...

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Image courtesy of "Red Cross Red Crescent Climate Centre"

IFRC: Cholera spirals in Zambia โ€“ Red Cross Red Crescent Climate ... (Red Cross Red Crescent Climate Centre)

Acting ZRCS Secretary General Cosmas Sakala said: โ€œWith increased rains and possible flooding, the cholera outbreak could escalate, and we fear that many more ...

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Image courtesy of "The Associated Press"

A cholera outbreak in Zambia has caused more than 400 deaths ... (The Associated Press)

A large soccer stadium in the capital city has been converted into a treatment facility. The Zambian government is embarking on a mass vaccination program and ...

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Image courtesy of "Africanews English"

Zambia: Authorities begin vaccination against cholera after 363 ... (Africanews English)

The countrywide cholera outbreak has so far killed 363 people, 30% of which were children under the age of five, and sickened more than 9,500, according to ...

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Image courtesy of "WORLD News Group"

Zambia facing rising cholera outbreak (WORLD News Group)

The disease has spread to nine out of Zambia's 10 provinces. Cholera is a bacterial disease that has symptoms such as severe diarrhea and vomiting. It is ...

READOUT: Under Secretary for International Affairs Jay ... (Treasury)

They discussed Zambia's ongoing debt restructuring under the Common Framework and efforts to finalize negotiations with all remaining creditors. Under Secretary ...

Chinese community donates supplies toward cholera fight in Zambia ... (People's Daily)

LUSAKA, Jan. 17 (Xinhua) -- The Chinese community in Zambia on Wednesday donated items toward the fi.

Southern African countries face โ€œterrifying and overwhelming ... (Oxfam International)

Malawi, Mozambique, Zambia and Zimbabwe are facing an unprecedented surge of cholera cases, Oxfam warned today. The aid agency says the situation could ...

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Image courtesy of "BNN"

Zambia Plans New Railway to Spur Trade With Africa's Great Lakes ... (BNN)

(Bloomberg) -- Zambia plans to build a new rail connection to link a Lake Tanganyika harbor to an existing line that runs to neighboring Tanzania, ...

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Image courtesy of "The Public's Radio"

A cholera outbreak in Zambia has caused more than 400 deaths ... (The Public's Radio)

A large soccer stadium in the capital has been converted into a makeshift treatment facility. The Zambian government is embarking on a mass vaccination program ...

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Image courtesy of "Fox News"

Worst cholera outbreak in 2 decades sweeps through Zambia, killing ... (Fox News)

Zambia is facing a severe cholera outbreak, with over 400 deaths and more than 10000 infections. The government has closed schools nationwide, ...

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Image courtesy of "African Business Magazine"

Zambia's debut green bond attracts $54m in first raise (African Business Magazine)

The initial $54m tranche of the debut $200m green bond has been fully subscribed since its listing last week, with banks, financial institutions, ...

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Image courtesy of "Voice of America"

Zambia Grapples With Child Marriages as Some Girls Defy the ... (Voice of America)

According to the U.N., about 1.7 million Zambian girls under the age of 18 are married, and more than 400000 were 15 or younger when they got married.

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Image courtesy of "CIMMYT"

Afriseed: How improved legume seed can help transform Zambia's ... (CIMMYT)

In Zambia, smallholder farmers obtain their seed from a variety of sources. Over 75 percent of farmers in Zambia have adopted certified maize seed and about ...

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Image courtesy of "African Business Magazine"

Zambia's first green bond raises $54m in initial tranche (African Business Magazine)

The initial $54m tranche of the debut $200m green bond has been fully subscribed since its listing last week, with banks, financial institutions, ...

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