kwacha Archives - The China-Global South Project

Unlike Many Other African Currencies, the Zambian Kwacha Had a Great 2021, Buoyed by Hope for a Debt Deal

While currencies like the Kenyan shilling and the Nigerian naira lost value in 2021, the Zambian kwacha enters the new year with some serious momentum. The kwacha surged 27% last year, mostly on the hope that President Hakainde Hichilema will turn around the economy ...

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Unlike Many Other African Currencies, the Zambian Kwacha Had a Great 2021, Buoyed by Hope for a Debt Deal