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01/03/2026

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Building on a Trade Breakthrough That Benefits Both Zambia and Angola

By Dr. Elias Munshya

Since 2022, trade between Zambia and Angola has changed in a noticeable and positive way. The numbers show it clearly. What was once modest trade has grown quickly, and although there is still much more to do, the direction is encouraging.

This progress matters because trade is not just about statistics. It is about jobs, incomes, food security, and stronger ties between neighbouring countries.

The numbers tell a clear story

Zambia’s exports to Angola were relatively low for many years. In 2020, they stood at about USD 1.7 million. In 2021, they rose slightly to USD 2.9 million.

Then came the turning point.

In 2022, exports increased to USD 6.8 million, and in 2023, they jumped sharply to USD 16.4 million. In 2024, exports remained strong at USD 15.1 million, far higher than before 2022.

Angola’s exports to Zambia have also been growing, though from a lower base. In 2024, Angola exported about USD 0.47 million worth of goods to Zambia, up from much lower levels in previous years. While this figure is still modest, it shows clear potential for growth in the other direction as well.

This tells us something important: trade between our two countries is waking up.

Why did trade grow after 2022?

This change did not happen by accident. It followed policy reforms under the New Dawn Administration led by President Hakainde Hichilema.

First, Zambia restored economic stability and credibility. When government finances are managed better and policies are predictable, traders and investors feel more confident. Angolan buyers want to know that supplies will be reliable and contracts honoured. Confidence matters.

Second, agricultural production improved. Better planning and support for farmers led to higher output. Zambia was able to produce more food than it needed, and Angola, being a large food-importing country, became a natural market. This is why products such as cereals, vegetables, oil seeds, and related goods feature strongly in the trade figures.

Third, economic diplomacy became more practical. Zambia began to treat Angola not just as a neighbour, but as a serious commercial partner. This helped move trade beyond informal border exchanges into larger supply chains serving cities and industries.

Trade must work both ways

While Zambia’s exports have grown faster, it is important to say clearly that Angola also has much to offer Zambia.

Angola is an important producer of energy, fuel-related products, industrial inputs, and manufactured goods. As infrastructure improves and transport corridors become more efficient, Angolan exports to Zambia can also expand. Balanced trade strengthens both economies and makes cooperation more sustainable.

Our goal should not be one-sided success, but shared growth.

What comes next

The next phase for both Angola and Zambia must focus on:

• Expanding the range of products traded in both directions including our mutual commitments to regional trade protocols
• Supporting small and medium businesses to trade across borders, from Lobito to Luanshya
• Improving transport, energy links, and border efficiency at Jimbe, Sikongo, Chavuma and more
• Using projects like the Lobito Corridor to reduce costs and open new markets

A shared opportunity

Zambia and Angola share borders, history, and people. The trade gains since 2022 show what is possible when policy is stable and cooperation is real. The task now is to build on this momentum so that trade continues to grow, for farmers, traders, manufacturers, and consumers on both sides of the border.

The progress is real. The opportunity is bigger. The work continues.

Dr. Elias Munshya is Ambassador Extraordinary and Plenipotentiary of the Republic of Zambia to the Republic of Angola

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09/02/2025

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Today, our co-Founder, Dr Awele V. Elumelu, OFR, delivered the keynote private sector address at the Lagos Chamber of Commerce & Industry: 2025 International Business Conference & Expo.

Speaking on “Investing in Nigeria: The Challenges and the Opportunities – The Entrepreneur Perspective”,

Dr Elumelu drew from her impactful work in business and healthcare to highlight how Africapitalism, private sector leadership, and entrepreneurial innovation are transforming lives across Africa.

Her message was clear: the future of Nigeria and Africa will be written by entrepreneurs who see opportunities where others see obstacles.

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08/21/2025

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Tanzania 🇹🇿 and Burundi 🇧🇮 have started building a $2.15 billion standard gauge railway that will run 282 kilometers between the two countries.

The project is expected to take six years.

When finished, Burundi will gain direct access to the Port of Dar es Salaam, helping it export minerals and boosting trade between the two nations.

Pan Africanism has always been the goal post of "Foundational Black Americans".
08/16/2025

Pan Africanism has always been the goal post of "Foundational Black Americans".

Studying the CRE maturity wall appears to be a b***y trap for the 45/47 booming economy. The current administration has ...
07/31/2025

Studying the CRE maturity wall appears to be a b***y trap for the 45/47 booming economy. The current administration has zeal on the issue of lowering rates but the messaging needs to start a pivot of readiness for those specific sectors who will be impacted.
The steps the chairman (JP) expressed recently seems lackluster to the severity of the situation where he only stated there was an inquiry of liquidity.
Since JP lacks a sense of urgency with lowering rates, specific short term remedies need to be promoted, incentivised, and encouraged by the administration such as an extension of the rates that were granted in 2024 so that threats of the rate shock does not cause market anxiety and other negative escalation. Since the decision has been made to keep rates unchanged on July 30th 2025 it seems reasonable to conclude the next opportunity to lower the rates will not be substantial enough to give adequate breathing room from the harm of the maturity wall. Removing the capital gains tax to then take advantage of the distressed properties that will emerge from the maturity wall maybe the game plan. There are opportunities to aid those who are still vulnerable from the maturity wall. The ethics of my real estate resume is always based upon universal golden rules of win win situations. Especially from distressed circumstances I aspire to praise from a sense of compassionate sharing of acquired equity when possible, instead of being a ruthless capitalist vulture of a distressed situation.
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