On Monday, 3rd November 2025, Zambia reinforced its partnership with the World Bank at the Ministry of Finance and National Planning in Lusaka. Dr. Situmbeko Musokotwane, Minister of Finance and National Planning, met with Ms. Anna Bjerde, World Bank Managing Director for Operations, to discuss ongoing collaboration aimed at building a resilient and future-ready economy. The talks focused on Zambia’s recovery and reform efforts, and the Lobito Corridor project, which will connect Zambia to the Atlantic Ocean through Angola.
This partnership directly impacts young Zambians. It creates platforms for employment, entrepreneurship, and innovation in energy, transport, technology, and agriculture. Key initiatives include the Digital Zambia Acceleration Project to improve internet access and digital services, the ASCENT Clean Energy Transformation for renewable power and green jobs, Transforming Landscapes to protect the environment while supporting rural livelihoods, Health System Innovation for smarter healthcare, and Development Policy Financing to ensure public service stability. These programs provide tools for young entrepreneurs, coders, engineers, and creatives to thrive.
Dr. Musokotwane emphasized that Zambia’s focus is shifting from stability to productivity. He noted that the collaboration with the World Bank has helped Zambia navigate COVID-19, droughts, and debt challenges. Energy diversification is a priority, with private investment being attracted to renewable power projects, ensuring reliable electricity for homes, industries, and start-ups.
The Lobito Corridor promises to transform Zambia’s trade landscape. The 830-kilometre Zambia–Lobito Rail Line has been confirmed commercially viable and will create jobs in construction, logistics, agriculture, and manufacturing. Dr. Musokotwane highlighted that the corridor will allow Zambian minerals, agricultural products, and manufactured goods to reach regional and global markets efficiently, opening new career and business opportunities for youth.
Ms. Anna Bjerde praised Zambia’s progress and project execution. She confirmed that the World Bank will deepen collaboration in energy, infrastructure, human capital, and climate resilience. She described the Lobito Corridor as an engine for inclusive growth, linking agriculture, manufacturing, logistics, and services to global markets.
For young Zambians, this partnership translates into real opportunities: better energy, modernized healthcare, improved digital services, trade access, and platforms for entrepreneurship. Dr. Musokotwane emphasized that the partnership is about productivity and progress for the people.
In short, Zambia and the World Bank are working together to expand renewable energy, build the Lobito Corridor, support youth entrepreneurship and digital innovation, modernize key public services, and strengthen public finance and transparency. This collaboration is shaping a future-ready Zambia for the next generation.