The World Bank portfolio in Zambia is comprised of 22 national projects, one trust fund and five regional projects with a total commitment of $3.2 billion (September 2025). It covers agriculture, education, energy, environment, finance & private sector, governance, health, macroeconomics, social protection, transport, and water.
IFC’s investment and advisory portfolio is currently $116.4 million and covers agribusiness, energy, manufacturing, retail and tourism property, the financial sector, and the telecom sectors. It promotes sustainable private sector development by improving the investment climate, supporting small and medium enterprises (SMEs), and engaging in the development of key sectors such as infrastructure, agribusiness, and financial services.
IFC is backing commercial agribusiness operations which support smallholder farmers, assisting digital and renewable energy, providing financing facilities for support to SMEs, and advisory support to improve the credit infrastructure and increase access to finance.
MIGA support as of February 2025 stands at $170.7 million and spans projects across the manufacturing, energy, financial and fintech sectors, such as a 120MW hydropower project, an equity investment and capital optimization for a financial institution, and a fintech mobile money project.
PARTNERS
The African Development Bank, Common Market for Eastern and Southern Africa (COMESA), European Union, International Monetary Fund, United Nations agencies, governments of German, Ireland, United Kingdom, Sweden, Switzerland, the Netherlands, and the United States are among the partners of the World Bank.
The World Bank Group’s strategy adheres to the principles agreed with other partners supporting Zambia's development efforts, as part of the Cooperating Partner Group (CPG).
The World Bank is currently working on the Zambia Umbrella Trust Fund, formally known as the Zambia Cooperating Partners Umbrella Program (ZamCUP), a newly established multi-donor trust fund (MDTF) designed to support Zambia’s development priorities under the World Bank’s Country Partnership Framework (CPF) for FY2025–29. It aims to consolidate efforts of cooperating partners (CPs) into a single, coordinated platform.