— While abundant deposits of copper and other minerals has contributed to the country’s high economic growth rates, a new wave of investment in mining is needed to realize the potential of this wealth, according to a new report.
The third Zambia Economic Brief concludes that Zambia’s strong growth is set to continue, but risks are also growing due to declining copper prices and the likely increase in borrowing costs in the medium term.
The World Bank Group’s emergency response to the Ebola crisis is to help stop the spread of infections, improve public health systems throughout West Africa, and assist countries in coping with the economic impact.
IDA is the part of the World Bank that helps the world’s poorest countries. Established in 1960, IDA aims to reduce poverty by providing loans (called “credits”) and grants for programs that boost economic growth, reduce inequalities, and improve people’s living conditions.