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US Africa Leaders Summit will be held in Washington, DC

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President Hakainde Hichilema will attend the US Africa Leaders Summit, which will take place from December 13–15, 2022, in Washington, D.C., according to the Ministry of Foreign Affairs and International Cooperation.

Among those attending the summit, which will be hosted by US Vice President Joe Biden, according to Minister of Foreign Affairs and International Cooperation Stanley Kakubo, will be African Heads of State and Government, business executives, members of civil society, top US-African investors, and chief executive officers from around the world.

He stated that increasing cooperation on common global concerns and the significance of US-Africa relations will be highlighted at the summit.

“President Hichilema and other Heads of State and Government are expected to deliberate on opportunities for public-private partnerships; bolstering the US-Africa economic relationship; access to capital; food insecurity, and promoting sustainable economic growth and development.

On Thursday 15th December, 2022, the official day for the Leaders Summit, the President is scheduled to deliver a statement during the Leaders Session on Partnering on Agenda 2063. The President will also participate in the inaugural US-Africa Business Forum and various panel discussions including the Civil Society Forum; and the Conservation, Climate Adaptation and Just Energy Transition Forum, prior to the Leaders Summit,” he said.

Mr Kakubo said on the margins of the Summit, the President is scheduled to attend a meeting organized by the Council on Foreign Relations as well as an engagement for African Heads of State and Government, at the invitation of the Atlantic Council.

“In addition, President Hichilema will hold bilateral meetings with other leaders and business executives to forge strong partnerships for collaboration particularly in trade and investment for Zambia. The President is keen to see higher levels of Foreign Direct Investment into Zambia and will use the high-level engagements to stimulate greater interest and leverage opportunities for collaborative partnerships for mutual benefit,” he said.

The Minister added that President remains steadfastly committed to carrying out strong and ambitious economic programs intended to revive the nation’s economy.

He asserted that the President’s attendance at the Summit is essential for maximizing economic potential, fostering entrepreneurship and industry-focused growth, and advancing progress for Zambians.

“It will also shore up Zambia’s credentials as a proponent of multilateralism, international cooperation and sustainable development anchored on peace and security,” he said.

President Hichilema is anticipated to leave for Zambia from the United States of America right after his engagements, according to Mr. Kakubo.

Zambia News

President Hakainde Hichilema Urges Swift Closure of Debt Restructuring in Meetings with World Bank and IMF

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President Hakainde Hichilema

President Hakainde Hichilema held separate bilateral meetings with Mr. Ajay Banga, the President of the World Bank, and Ms. Kristalina Georgieva, the Managing Director of the International Monetary Fund (IMF). The discussions primarily focused on expediting and comprehensively concluding the remaining aspects of Zambia’s debt restructuring program.

During the meetings, President Hichilema expressed gratitude to both institutions for their efforts in the debt restructuring process and their continued support toward Zambia’s budget. The President underscored the urgency of promptly resolving the outstanding issues to prevent economic uncertainties, highlighting Zambia’s commitment in fulfilling its obligations throughout the restructuring.

President Hichilema emphasized that any delays in Zambia’s case could potentially impact other nations considering similar debt restructuring frameworks. He commended the World Bank and the IMF for their understanding of the importance of expediting the process, enabling Zambia to move forward with the full implementation of impactful projects in energy, infrastructure, mining, and agriculture.

The Zambian President particularly emphasized the significance of quickly boosting agricultural production through mechanization and irrigation. This strategic move is seen as a priority for achieving quick wins in the economic recovery process, contributing to the rebuilding of the Zambian economy.

As Zambia continues its engagement with international financial institutions, President Hichilema reiterated his administration’s commitment to transparent governance, economic reforms, and sustainable development. The bilateral meetings are part of the President’s ongoing efforts to secure support for Zambia’s economic recovery and growth agenda.

Source: Lusakatimes

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Zambia News

Copper Queens Goalkeeper Hazel Nali Returns Home after Successful Knee Surgery

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Hazel Nali

Zambia’s national women’s football team, the Copper Queens, received a boost with the return of their first-choice goalkeeper, Hazel Nali, who arrived in the country from New Zealand. Nali underwent a successful knee surgery, and her return marks a positive step in her recovery journey.

The goalkeeper landed at Kenneth Kaunda International Airport at 15:40 hours, expressing her eagerness to return to the pitch. In a statement to ZNBC News, Nali shared that her doctors recommended continuing physiotherapy sessions in Zambia as part of her rehabilitation process.

I cannot wait to get back on the pitch,” Nali exclaimed, expressing her gratitude to the Government, the Football Association of Zambia, and her fans for their unwavering support during her medical journey.

Highlighting the commitment to Nali’s well-being, Zambia’s High Commissioner to Australia and New Zealand, Elias Munshya, revealed that the government covered the cost of the surgery and arranged for some physiotherapy sessions. Munshya conveyed the government’s optimism about Nali’s swift and full recovery, expressing hope that she would soon rejoin the squad and contribute to Zambia’s football success.

Nali’s return is anticipated to boost the morale of the Copper Queens as they continue their preparations for upcoming competitions.

Source: Lusakatimes

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