Sputnik Africa
Zambia's Copper Ambitions Can Drive Africa's Industrial Base, Economist Says
🇿🇲 The country's position as Africa's second-largest copper producer, combined with a predictable tax regime and improving energy capacity, gives it a strong foundation to drive industrialization and value addition across the continent, Kelvin Chisanga told Sputnik Africa.
Key insights from the expert:
🟠Copper Ambitions: Zambia is targeting 3 million tonnes of annual output through deliberate policy interventions and stakeholder engagement.
🟠Value Addition: After harmonizing mining taxation, the next phase focuses on semi-production of components demanded by the global green economy, including data centers, renewable projects, and infrastructure.
🟠Regional Impact: Zambia's emerging industrial base will benefit SADC, COMESA, and the AfCFTA, making engineering services cheaper and spare parts more accessible across Africa.
🟠Model for the Continent: Zambia has been leading in policy, revenue, and mining patterns, positioning it as a model for other African nations seeking to develop critical minerals production lines.
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