Copper Boom Lifts Zambia Markets

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Rising copper prices propelled Zambia’s stock market and currency to top global rankings, boosting investor confidence. The Lusaka Securities Exchange benchmark gained about 17% in dollar terms this year, while the kwacha is up nearly 12%, the strongest worldwide. Improved energy supply, agricultural recovery and record copper prices support IMF forecasts of faster economic growth, reinforcing Zambia’s appeal amid renewed interest in African assets.