Kurt M. Campbell Deputy Secretary of State | Official Website
The United States and Zambia have signed a significant agreement aimed at boosting growth in the agricultural sector. This project, valued at $491 million, involves a $458 million debt-free grant from the United States, alongside a $33 million investment by the Zambian government. The initiative is designed to improve infrastructure, enabling farmers and rural communities in Zambia to access regional and global markets more effectively.
The agreement is part of the Millennium Challenge Corporation compact, which also aims to support policy reforms that will drive growth in agriculture. It complements existing U.S. government investments in the Lobito Corridor.
The U.S. has reaffirmed its commitment to its 60-year partnership with Zambia, emphasizing efforts to reduce poverty and promote democracy as key contributors to regional security and prosperity. "We look forward to working closely with our partners in Zambia through this compact to unlock economic potential and deliver life-changing results for the Zambian people," stated representatives involved in the project.
