Zambia Targets 6.4% Economic Growth in 2026
The Zambian Government has unveiled ambitious economic growth targets for 2026, projecting a 6.4 percent increase in Gross Domestic Product (GDP), driven by mining, agriculture recovery, ICT expansion, and improvements in electricity supply.
In a statement, Ms Everness Nankala, Principal Public Relations Officer at the Ministry of Commerce, Trade and Industry, outlined key highlights of the government’s 2026 economic agenda.
She said the outlook is aimed at propelling Zambia towards middle-income status through inclusive and equitable growth.
Among the targets, Zambia aims to surpass one million tonnes in copper production and achieve maize output exceeding 3.7 million metric tonnes. Agriculture gains are expected to be bolstered by climate adaptation measures, which should more than double irrigated output to 1.6 million tonnes.
The government is also expanding the fisheries and livestock sectors to unlock new export potential, targeting US$1 billion in beef exports. On energy, Zambia plans to strengthen electricity security, with generation capacity projected to reach 2,600 megawatts by 2027.
Policy interventions will focus on reducing business costs and promoting local beneficiation, in line with the theme of the 2026 national budget. Ms Nankala acknowledged potential challenges but emphasised that the government remains committed to mitigating risks through strategic reforms and investments.
