Page 56 - Msingi Afrika Magazine Issue 17
P. 56

Innovate Afrika

                                                           Mongu-Kalabo Road.
                                                           This road spans the
                                                           Barotse floodplain on   tion, there is absolutely nothing
                                                           the Zambezi River    wrong.
                                                           in western Zambia.
                                                           Completed in 2016 it   The government now 2021-2026 is
                                                           incorporates 26 bridges   moving into the micro food securi-
                                                           and is 34km long.    ty,income levels for the people.”
                                                                                During the same interview Mr
                                                                                Chanda was grilled on the soar-
                                                                                ing inflation and asked to respond
                                             roads, bridges, airports and com-  to complaints from residents of
                                             mercial and residential construction,   Lusaka that they now had very good
          Chinese company, AVIC Interna-
          tional. The ultra-modern airport’s   Mr Chanda replied:               roads and airports but could not
          design includes a 12,000 square    “These are the pre-requisites for   afford food and could not eat roads.
          metre terminal building which can   investment. One thing the govern-  His comment was:
          accommodate one million passen-    ment realized when we came in
          gers.                              2011, one thing we realized is that   “Actually you can eat roads because
                                             delapedated infrastructure, wheth-  there was this story of a bumper
                                             er that is roads,water networks,   harvest that all got wasted because
          Urban Development
                                             airports, was impacting on devel-  no one could get there produce to
                                             opment, as it were. That 3 million   the markets in good time.”
          Recent years have seen a boom in
          the construction sector in Zambia   Zambians were being treated to a
          with the building of shopping malls,   power infrastructure, that remained   He is quite right in saying that.
          up-market hotels, residential areas   stagnant for 40 years.          More than 90% of the Democratic
          and office blocks. Construction is                                    Republic of Congo has no infra-
          currently the largest industrial sector   So we have had to put 750MW of   structure, roads or railways. There
          of Zambia comprising 27.5% of the   power because there has been an   everyone says: we want the roads
          GDP with a growth rate of 12% in   expansion in industry, mining, so   because it is the roads that feed us.
          2016.This has led to a growth of   you have got to invest in infrastruc-  Hard infrastructure is Africa`s
          Zambian construction companies     ture.There has been an expansion   primary need. A true friend of Af-
          and companies supplying building   in wheat growing, tobacco growing   rica are those who build roads and
          materials. It has increased the de-  and all those things are powered by   railways.
          mand for professional employment   energy as the center pivot.
          such as architects and engineers and                                  Whatever the causes of the change
          construction workers.              You cannot have a public infrastruc-  in government  may be, I, for one,
                                             ture that does not correlate with the   think the most likely cause for any
                                             population.                        foreign interfence from Westminster
          The National Heroes Stadium is a
          new multi-purpose stadium in Lusa-                                    and Washington in Zambia`s elec-
          ka which seats 60 000 spectators.  There are only 2 ways of raising   tions is that in 2018, the Governor
                                             money, whether at a personal level   of the Bank of Zambia, Dr Denny
                                             or a national level or business, it is   Kalyalya, in his `Monetary Policy
          Conclusion
          While it remains most likely that   either debt or equity.If you do not   Committee Statement for fourth
          money has been squandered and      have equity, you have got to go into   quarter 2018`,put forward the pro-
          corruption has been present under   debt. If that debt is invested into   posal to use the Yuan instead of the
          Edgar Lungu, he has at least contin-  production rather than consump-  US dollar as the reserve currency.
          ued building the road to prosperity.
                                                                                                    The Simon Mwansa
                                                                                                    Kapwepwe Interna-
          In a recent interview, Amos Chanda,
          Campaign Spokesman for the Patri-                                                         tional Airport at
          otic Front, defended the policies of                                                      Ndola was financed
          Edgar Lungu`s government. Asked                                                           by China`s EXIM
          about the rapid development taking                                                        Bank and designed and
          place in and around Lusaka, new                                                           constructed by Chinese
                                                                                                    company, AVIC
                                                                                                    International.

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