THE African Center for Economic Transformation and ZIPAR say Zambia’s economic growth over the past two decades has not translated into sustained economic transformation as evidenced by a notable decline in its transformation performance and lack of resilience. In a March 2025 paper titled: Country Economic Transformation Outlook (CETO), the two think tanks stated that country’s transformation performance, as measured by the ATI (African Transformation Index) dropped from 23 (out of 100) in 2000 to 18.4 in 2020. “Zambia’s economic transformation profile since 2000 – Zambia’s economic growth over the past two decades has not translated into sustained economic transformation, as evidenced by a notable decline in its transformation performance and lack of resilience over the past two decades. From...

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