PE-Backed Zanaco Focusing on Funding Solar Projects, CEO Says

The video discusses Zambia's economic challenges, focusing on the Central Bank's 5 billion Kwacha stability facility aimed at supporting the economy amid drought and inflation. It highlights the impact of drought on energy and food security, and the need for policy reforms and energy solutions like solar power. The discussion also covers the Central Bank's efforts to cushion the economy, despite rising inflation and interest rates. The video concludes with an optimistic outlook for economic recovery by 2026-2027, contingent on good rainfall and successful debt restructuring.

What is the purpose of the 5 billion Kwacha stability facility introduced by the Central Bank of Zambia?

• To reduce the country's debt

• To support the growing economy amidst challenges

• To fund new infrastructure projects

• To increase inflation

How did the Central Bank of Zambia respond to the economic challenges during COVID-19?

• By reducing taxes

• By implementing a 10 billion Kwacha funding facility

• By increasing interest rates

• By closing down banks

What is one of the main reasons for Zambia's rising inflation?

• Increase in local production

• Decrease in tourism

• Import-driven economy

• High export rates

What energy initiative is being promoted to address Zambia's power deficit?

• Nuclear energy

• Geothermal energy

• Wind energy

• Solar energy

By when does Zambia expect its economy to begin recovering, assuming favorable conditions?

• 2028

• 2026/2027

• 2023

• 2024