Ng'onga Mwape 🇿🇲

Husband, TwoThree Ventures Founder, Lifelong Learner. Let’s make meaningful impact and make it a better place.

[Bloomberg @business]

Zambia’s stock exchange expects to bring a record $1 billion of IPOs to market after this month’s presidential election https://t.co/YjTTyzn3Fl

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@MattyShawtie 😂😂😂

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@Wasamunu9 Heineken lite taikola bwana
Proceed to continue

[Ministry of Finance & National Planning - Zambia @mofnpzambia]

SHEBO NALISHEBO ELECTED EXECUTIVE DIRECTOR AT THE AFRICAN DEVELOPMENT BANK - A day before elections are held for the next President of the @AfDB_Group, another election process for lower positions has taken place, today. Mr. SHEBO NALISHEBO has been elected as Executive Director to represent the interests of Botswana, Malawi, Mauritius, and Zambia on the AFDB Group Board of Directors. In his new portfolio, Mr. NALISHEBO will be based in Abidjan, Côte D’Ivoire.

The Minister of Finance and National Planning Dr SITUMBEKO MUSOKOTWANE, MP, has welcomed the development and congratulated Mr. NALISHEBO on his new and well-deserved appointment. In a congratulatory message, Dr MUSOKOTWANE has advised Mr. NALISHEBO to ensure that the responsibility of championing investments for private sector growth, sustainable infrastructure, regional integration, and macroeconomic stability across the four countries in the constituency, is meticulously executed.

“We expect you to diligently serve the needs of all members states in a professional manner and meet the performance expectations of the bank. We will continue to support you in every way possible so that at the end of your tenure, you will leave a lasting but progressive legacy in all the member countries in your constituency,” the Minister has stated.

Mr NALISHEBO takes over from Mr. GERARD PASCAL BUSSIER, a national of Mauritius, whose tenure comes to an end. Mr. NALISHEBO is a seasoned statistician with over 24 years of experience during which period he has actively participated in shaping public finance, economic policy and statistics.

Prior to his election today, he served as Alternate Executive Director at the AfDB on a non-resident basis, from 2022. He has also served as Bank of Zambia board member, from 2021. Before that, he held positions at the Zambia Statistics Agency (#ZamStats) where he was responsible for estimating GDP and helped to coordinate the country’s first-ever economic census.

During his tenure at the Zambia Institute for Policy Analysis and Research (#ZIPAR), he advised on tax policy, fiscal governance, and debt management matters. He has consulted for key Zambian government institutions, including the Ministry of Finance and National Planning, Ministry of Education, and Ministry of Health, as well as global development partners such as the World Bank, UNCTAD, UNICEF, #UNECA, and GIZ.

His work has supported high-level reforms in public expenditure management, tax policy, social protection financing, national health insurance financing, and statistical capacity building.

Mr. SHEBO NALISHEBO DESERVES OUR CONGRATULATIONS ON HIS APPOINTMENT AS AFDB EXECUTIVE DIRECTOR FOR BOTSWANA, MALAWI, MAURITIUS, AND ZAMBIA!

(PICTURE: Secretary to the Treasury Felix Nkulukusa (left) congratulates AFDB Executive Director Shebo Nalishebo (right), immediately after the election).

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@chasmfiend_jd Hard to compare because they played different positions, but one thing for sure, these guys were talented. Not bola yakusambilila iyi tuletamba nomba

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@mupuchi This is supported

[Techtrends Zambia @techtrends_zm]

𝗭𝗮𝗺𝗯𝗶𝗮’𝘀 𝗗𝗿. 𝗦𝗮𝗺𝘂𝗲𝗹 𝗠𝗮𝗶𝗺𝗯𝗼 𝗢𝗳𝗳𝗶𝗰𝗶𝗮𝗹𝗹𝘆 𝗟𝗮𝘂𝗻𝗰𝗵𝗲𝘀 𝗔𝗳𝗗𝗕 𝗣𝗿𝗲𝘀𝗶𝗱𝗲𝗻𝗰𝘆 𝗖𝗮𝗻𝗱𝗶𝗱𝗮𝗰𝘆

Development finance expert Dr. Samuel Maimbo today announced his candidacy for President of the African Development Bank (@AfDB_Group), presenting a transformative vision for Africa's economic future.

"Africa stands at a critical juncture," Dr. Maimbo declared. “We need to get one billion people to work as quickly as possible by strategically supporting the industries that will improve livelihoods and ignite prosperity on our continent. The AfDB needs bold, results-driven leadership that is unafraid of making the hard decisions required to get the job done.”

With a 30-year career characterized by delivering real-world impact—record-breaking fundraising, translating bold ideas into practical implementation plans, and enhancing institutional efficiency—Dr. Maimbo represents an exciting way forward for the AfDB.

His presidential platform focuses on achieving middle-income status for Africa through an AfDB that is laser-focused on pace, scale, and effectiveness of delivery.
“Africa needs significantly higher rates of growth to successfully navigate today’s development challenges and capture tomorrow’s opportunities,” said Dr. Maimbo. “I’m ready on day one to support governments in reaching their goals. It’s time to stop talking about Africa’s potential and start realizing it.”

Dr. Maimbo’s Core Priorities:
- Trade and Regional Integration: Currently at just 3% of global trade, Africa has immense growth potential through the AfCFTA’s unified market of 1.4 billion people.
- Financial Resources: Strengthening markets, boosting savings, and attracting diverse investments can close Africa’s financing gap.
- Agricultural Transformation: With 60% of the world’s uncultivated arable land, Africa can become a global agricultural powerhouse.
- Infrastructure Development: Modernizing infrastructure is crucial for competitiveness and growth.
- Energy Access: Accelerating energy access while promoting sustainability will power Africa’s long-term economic advancement.
- Climate Action: Despite contributing <4% to global emissions, Africa faces disproportionate climate impacts. Scaling up investments in resilience and embracing new technologies will safeguard Africa.
- Creative Industries: A powerful driver of youth employment and cultural exports, Africa’s creative industries can amplify Africa’s global impact.
- Inclusivity: Young people, women, and underserved communities across Africa must help design effective strategies.

Born and raised in Lusaka, Dr. Maimbo has worked in development finance across Africa and the globe, most recently serving as the Vice President of Budget, Performance Review, and Strategic Planning at the World Bank. As Chief of Staff to successive World Bank Presidents, he played an instrumental role in advancing the institution’s mission and strategy at the highest international levels.

His stewardship in resource mobilization secured an unprecedented $93 billion financing package under the International Development Association replenishment, with over 70% of the organization’s global commitments directed toward Africa.

Learn More:
Website: https://t.co/Y8G5NbZ5f1
Media Enquiries: [email protected]

[Gabriel Pollen, PhD @tgpollen]

SITUATING LUSAKA ANNUAL FLOODING IN ITS PROPER CONTEXT

I’ve been called the “DMMU dude with a reflector and gumboots” who never attends to flooding in Lusaka, and sometimes accused of being reactive and doing nothing about the annual flooding that plagues Lusaka.

But …

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@FinInsightZam Considering the energy crisis, we should have done away with costs like labour, excise duty and VAT

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@uzikanji @CalvinChikenge We just need to play wingers with some level of discipline, I think we are more likely to score more goals with two strikers compared to having two forwards who most of the time have shown no decisiveness in the final third. And the chidunu we play might favor a 442😂😂😂

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@Chaingaz Possible Scenarios
Gov’t subsidy’s expensive power imports ( increase debt) might increase inflation
Increase tariffs, consumers buy at cost reflective prices ( maintain current borrowing)
Leave the economy to run on gensets and solar (still expensive) might increase inflation

[Zambia Is Back @ZambiaIsBack]

This week @FirstZambian speaks with Professor Paul Collier of the @BlavatnikSchool, @UniofOxford. He specialises in the political, economic and developmental predicaments of low-income countries.

In this episode, Professor Collier speaks on topics including the work that President @HHichilema is putting in to resolve current issues within the country, investment opportunities outside of mining, and what a potential second term for President Hichilema would mean for the Zambian economy.

#ZambiaisBack #BackChat #InvestinZambia

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@MathewMwela @FavardThandi I don’t think it’s about confidence, history has clearly shown us this. Institutions are often more efficiently managed by the private sector than by the government.

[Zanaco Bank @zanacoplc]

Pay only ZMW2,329 with a 24-month repayment period and enjoy ZMW300 airtime per month for the first 12 months.

Email [email protected] to apply

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@DrCh0nya @HHichilema @EdgarCLungu You can’t compare lemons and oranges bwana, if this is the yardstick, I guess we were all better off under colonialism 😂😂😂😂

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@Mafipe If we can’t play beautiful football, atleast let’s get a mere win. Clearly grandpa has failed both KPIs

[Ng'onga Mwape 🇿🇲 @MwapeNg]

@_Ruddie The coach, we have all the players we need to atleast get a mere goal against a Tanzanian side that didn’t even know where the goal was, clearly he’s failed to read this game again and make the necessary changes. One wonders why Evans Kangwa was on the pitch all those minutes