📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Selling 49% of our completed building allows us to reinvest capital into developing new property assets for investors. — Mafipe Chunga, Managing Director & Co-Founder, One Square K 👉 youtu.be/R4554L94YL4

𝗙𝗜 𝗣𝗵𝗼𝘁𝗼 𝗦𝘁𝗼𝗿𝘆 | 𝗜𝗻𝘀𝗶𝗱𝗲 𝗦𝗮𝗺𝘂𝗲𝗹 𝗦𝗲𝗲𝗳𝗳’𝘀 𝗩𝗶𝘀𝗶𝘁 𝘁𝗼 𝗦𝗘𝗘𝗙𝗙’𝘀 𝗟𝘂𝘀𝗮𝗸𝗮 𝗕𝗿𝗮𝗻𝗰𝗵 A visit, an opportunity to connect and conversations worth looking forward to. Yesterday, SEEFF Chairman Samuel Seeff visited the SEEFF Zambia’s Lusaka branch. Acccompanied by Dr. Lusungu Kayela, he had the opportunity to familiarise himself with the team, tour the premises and engage with staff on the real estate industry. He shared insights into how the real estate industry operates across different markets worldwide, offering a broader perspective on the sector and its opportunities. During the visit, he also sat down with Financial Insight’s Mwelwa Chibesakunda for an interview exploring the property market and the broader issues shaping the real estate industry. With Zambia continuing to experience a significant housing deficit, conversations around property development, affordability and investment remain important to the sector’s growth. Understanding how international real estate markets operate also offers perspectives that can inform discussions about the opportunities and challenges facing Zambia’s property market. The engagement also provided an opportunity for an exchange with the team, as Seif shared insights into global real estate trends and discussed issues relevant to the Zambian market. Seif expressed his satisfaction with the visit, while the team welcomed the opportunity to engage with him and gain insights from his experience in the sector. Stay tuned to Financial Insight for more conversations with industry leaders on the developments shaping Zambia’s business and investment landscape. #SEEFF #Realestate #Financialinsight #Mediamachine #Get2Know

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zanaco’s US$50m sustainability bond will finance green and social projects to drive clean energy, food security and job creation. Fredrick Mulenga, Zanaco Watch here: youtu.be/1H-2oVrPFg8 #FinancialInsight #Get2Know

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zambians want to own more in this country, and listing is an opportunity for businesses to scale through long-term shared ownership. — Mafipe Chunga, Managing Director & Co-Founder, One Square K 👉 youtu.be/R4554L94YL4

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zanaco is mobilising long-term private capital through its sustainability bond to strengthen businesses and drive national targets under the Grow Zambia Agenda. Fredrick Mulenga, Zanaco youtu.be/1H-2oVrPFg8

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 OneSquareK’s public listing empowers Zambians with direct ownership, proving local businesses can scale and excel on the capital market. — Mafipe Chunga, Co-Founder and CEO, One Square K 👉 youtu.be/R4554L94YL4

📈 𝗖𝗔𝗣𝗜𝗧𝗔𝗟 𝗠𝗔𝗥𝗞𝗘𝗧𝗦 𝗤𝗨𝗜𝗖𝗞 𝗧𝗔𝗞𝗘 Zanaco’s US$50 million sustainability bond will finance eligible green and social projects, supporting business growth, job creation and renewable energy. — Fredrick Mulenga, Zanaco 👉 youtu.be/1H-2oVrPFg8

𝗟𝗕 𝗧𝗮𝘅 𝗜𝗻𝗱𝗮𝗯𝗮 𝟮𝟬𝟮𝟲 || 𝗙𝗜 𝗣𝗵𝗼𝘁𝗼 𝗙𝗼𝗰𝘂𝘀 What if tax were viewed not just as a compliance obligation, but as a catalyst for economic growth, innovation and sustainable investment? This question shaped the conversations on Day 2 of the HLB Zambia Tax Indaba 2026, as industry leaders, policymakers and tax professionals explored the evolving role of taxation in Zambia’s economic development. The day opened with special guest remarks from representatives of the Ministry of SMEs and The Public Private Dialogue Forum , setting the stage for discussions on the future of tax audits and dispute resolution, the impact of artificial intelligence on the value of the tax profession and the challenges and opportunities presented by the digital economy. Participants also explored how Zambia can unlock built-in tax incentives for Corporate Social Responsibility (CSR) and Environmental, Social and Governance (ESG) initiatives, alongside discussions on emerging developments in the tax landscape. As the Tax Indaba 2026 concludes under the theme “Tax Beyond Compliance: Driving Growth, Governance and Value,” one message stands out: the true value of taxation lies not only in revenue collection, but also in its potential to build a more competitive, resilient and sustainable economy. 📸 Here are some moments from Day 2. #Taxindaba2026 #HLB #Financialinsight #Get2know #Mediamacine

𝗣𝗥𝗘𝗦𝗦 𝗥𝗘𝗟𝗘𝗔𝗦𝗘 Trafigura has appointed Chipokota Mwanawasa as Executive Director, Zambia. Chipokota is a Zambian national and brings more than 10 years of experience across the mining, energy, infrastructure and agriculture sectors. She joins Trafigura from her previous role as Policy Advisor to the President of Zambia, where she advised on economic policy, foreign investment and sectoral reform. Her previous positions include Deputy Head of the Presidential Delivery Unit, where she supported implementation of Zambia's National Development Plan. She has direct mining industry experience, having previously worked at Konkola Copper Mines Plc, one of Zambia's largest copper producers. In her new role, Chipokota will coordinate Trafigura’s activities in Zambia across metals and minerals, energy, and associated logistics operations, including strategic business development. She will be based in Lusaka and lead engagement with commercial, institutional and government stakeholders across Zambia. Chipokota will also support the Group's subsidiaries operating in Zambia, including fuel storage and distribution company Puma Energy and Servara, the Group's wholly-owned logistics, storage and transport platform (formerly operated under the Impala Terminals brand). Trafigura has been present in Zambia for over 20 years, serving customers across energy, metals and minerals. The Group, together with its subsidiaries, employs around 300 people in-country and operates 29,000 square metres of storage space in Ndola through Servara. The Trafigura Group is also active in Zambia through its subsidiary Puma Energy, which operates approximately 74 fuel retail sites, 4 terminals and 3 aviation fuel sites in-country. Chipokota Mwanawasa, Executive Director, Zambia, at Trafigura, commented: “Zambia is central to the world’s supply of copper and other metals and minerals, and its energy sector underpins the country's economic development. Trafigura has been present in Zambia for over 20 years – trading and financing commodities, while also investing in assets on the ground through Puma Energy and Servara. I am proud to be joining Trafigura and look forward to working with the team to strengthen our relationships within the country, and to building on the strong foundation the Group has already established in Zambia.” Gonzalo De Olazaval, Global Head of Metals and Minerals at Trafigura, commented: “We are pleased to welcome Chipokota to this role. Her extensive experience across Zambia's mining, energy and policy landscape makes her well placed to lead our activities in the country. Zambia is an important market for metals, minerals and energy, and this appointment reflects Trafigura's long-term commitment to Zambia and to the customers we serve in the region.” For further information please contact: Trafigura’s Press Office: +41 (0) 22 592 4528 or [email protected]

𝗛𝗟𝗕 𝗧𝗮𝘅 𝗜𝗻𝗱𝗮𝗯𝗮 𝟮𝟬𝟮𝟲 | 𝗙𝗜 𝗘𝘃𝗲𝗻𝘁 𝗖𝗼𝘃𝗲𝗿𝗮𝗴𝗲 What does it take to build a tax environment that supports business growth, strengthens governance and creates lasting economic value? At the Tax Indaba 2026, we spoke to industry leaders and professionals from across the financial services, economics and tax advisory sectors to hear their perspectives on the conversations shaping Zambia’s tax landscape. Our interviews featured: Joseph Matimba FCCA,FZICA,FIoDZ | President Zambia Institute of Chartered Accountants (ZICA) Eng James Chona | CEO, Micro Finance Zambia Limited Masuzyo Mulenga Muteto MBA FCCA FZICA | Senior Partner, HLB Zambia Dr. John Musantu, PhD | National Secretary, Economics Association of Zambia Susan Shuva | Supervisor, Human Capital, Tax and Advisory, HLB Malawi Nyasha Nigel Machiri | Partner and Tax Advisor, HLB Zambia Their participation reflects the range of professional perspectives needed to understand the relationship between taxation, business performance, economic policy and investment. 🎥 Stay tuned as we bring you insights from industry leaders on taxation, economic growth and the future of Zambia’s business environment. #TaxIndaba2026 #EconomicDevelopment #Taxation #Financialinsight #Mediamachine #Get2Know

𝗛𝗟𝗕 𝗧𝗮𝘅 𝗜𝗻𝗱𝗮𝗯𝗮 𝟮𝟬𝟮𝟲 | 𝗙𝗜 𝗣𝗵𝗼𝘁𝗼 𝗙𝗼𝗰𝘂𝘀 Taxation extends far beyond compliance. It influences investment decisions, business competitiveness, economic growth and the overall business environment. Day 1 of the HLB Zambia Tax Indaba 2026 brought together leaders from the public and private sectors, tax professionals, economists and business executives to explore these connections under the theme “Tax Beyond Compliance: Driving Growth, Governance and Value.” Held at Ciêla, Lusaka, a Tribute Portfolio Resort and Spa in Lusaka, the opening day featured discussions on Zambia’s economic outlook and tax policy direction, regulatory and reporting challenges in the insurance industry, investment incentives and the role of fiscal policy in shaping business growth and competitiveness. A key highlight was the launch of Fundamentals of Transfer Pricing: A Zambian Perspective, an important addition to the ongoing conversation around tax practice and the Zambian business environment. Through presentations and panel discussions, participants examined the relationship between tax policy, governance, investment and economic development, reinforcing the importance of collaboration and informed decision-making in shaping Zambia’s economic future. As the Indaba continues, these conversations provide an opportunity to reflect on how taxation can move beyond an obligation and become a tool for sustainable growth and value creation. 📸 Here are some moments from Day 1 of the Tax Indaba 2026. #TaxIndaba2026 #FinancialInsight #TaxPolicy #Mediamachine #Get2Know

𝗣𝗥𝗘𝗦𝗦 𝗥𝗘𝗟𝗘𝗔𝗦𝗘 AfricaWorks Investment Partners announces the close of AWIP II, its second fund dedicated to commercial real estate in Africa for a total amount of $25M Following a first fund raised in 2025, AWIP announces the largest private fundraise dedicatedto commercial real estate in Africa in 2026 Real estate investment firm AfricaWorks Investment Partners ("AWIP") announces the acceleration of its investment platform dedicated to the acquisition, transformation and operation of urban mixed-use real estate assets in West Africa, with the close of a second fund ("AWIP II") for a total combined amount of $25M in equity and debt. AWIP II has secured capital commitments from approximately twelve LPs, including strategic investors (e.g. Robert Daussun (LBO France), Emmanuel & Matthieu Russel (Work & Share)), European private investors (e.g. Marine Bellanger-Sood (Partner, Bain), Jérémie Delecourt (former COO, Ardian), Aude Grant (Deputy CEO, Covivio), Dominique Ozanne (Chairman, Hova Hospitality)), and African family offices (e.g. Groupe Filatex (Hasnaine Yavarhoussen), Spark Capital (Rayan & Hicham Sharara)). AWIP II targets the acquisition and development of 4-to-5 real estate assets, primarily in Abidjan (Côte d'Ivoire) and Dakar (Senegal) — with a target size of approximately sqm 5,000 and a target IRR of 25% per asset. AWIP II's real estate assets will represent a total area of sqm 20,000 and are expected to be operational within 24 to 30 months. "From the outset, AfricaWorks was designed as an operational platform, close to the everyday needs of the businesses we support across Africa. With AWIP II, we reaffirm the relevance of our model — built on a deep understanding of African urban dynamics and usage patterns on the Continent, as well as rigorous investment discipline, " said Grégoire Schwebig, co-founder and CEO of AfricaWorks Investment Partners. Founded in 2025 by Grégoire Schwebig and Anthony Anziani, AWIP was conceived as a natural extension of the AfricaWorks model. With offices in Abidjan, Dakar and Lagos, the platform targets high-potential urban assets in West Africa's leading economic hubs, repositioning them as mixed-use buildings combining offices, hospitality, event spaces and food & beverage, operated directly by AfricaWorks' operating arm. The first investment vehicle ("AWIP I") was raised in 2025 for a total of $8 million from prominent private investors and local commercial banks. The capital has been fully deployed into the acquisition of two off-market assets in Dakar (Sénégal) and Lagos (Nigeria), which are set to begin operations in Q1 2027. AWIP was advised by Thierry Diouf (Lamane Partners — legal), Philippe Le Trung (Viewss — strategy), Akshar Maherally (WTS Global — tax) and Hamada Touré (Financial).

𝐅𝐔𝐋𝐋 𝐈𝐍𝐓𝐄𝐑𝐕𝐈𝐄𝐖: 𝐎𝐧𝐞 𝐒𝐪𝐮𝐚𝐫𝐞 𝐊’𝐬 𝐑𝐨𝐚𝐝 𝐭𝐨 𝐋𝐢𝐬𝐭𝐢𝐧𝐠 𝐨𝐧 𝐭𝐡𝐞 𝐋𝐮𝐬𝐚𝐤𝐚 𝐁𝐨𝐮𝐫𝐬𝐞 Mafipe Chunga shares how @OneSquareK1 is preparing its move from private investment to the securities market. Learn the strategy behind scaling local property development. Sitting down with Financial Insight's Mwelwa Kenneth Chibesakunda at the 2nd Zambia Capital Markets Conference & Awards 2026, the CEO traces the company's growth from its initial 14 investors to a structured 31-apartment project. This discussion breaks down the rigorous regulatory process required to prepare for a public listing and why strengthening internal governance is essential for any business entering the finance sector. The conversation also examines the importance of local participation in real estate ventures. Chunga explains how the company proved its model by delivering income-generating assets before seeking public capital, providing a practical roadmap for other SMEs. He highlights how the appetite for local ownership is growing and why long-term relationships with individual investors remain the priority. One Square K is coming to the Lusaka Securities Exchange (LuSE) Alternative Investment Market, with Money Acumen Advisory serving as the Financial Advisor and Sponsoring Broker for the listing transaction. Learn more about the business and how you can participate in this potential listing once the final regulatory approvals are secured. Follow and Subscribe to our channel for updates on the Zambian capital markets, and let us know your thoughts on the future of local listings in the comments below. #CapitalMarkets #FinancialIsnight #FinancialInsight #Get2Know

𝐍𝐀𝐓𝐈𝐎𝐍𝐀𝐋 𝐂𝐀𝐏𝐈𝐓𝐀𝐋 𝐌𝐀𝐑𝐊𝐄𝐓𝐒 𝐃𝐄𝐁𝐀𝐓𝐄 -- A nationwide journey championing youth empowerment and investor education! Organised by the Securities and Exchange Commission - SEC Zambia as part of its ongoing drive for financial literacy and World Investor Week initiatives, the National Capital Markets Debate journeyed across Eastern, Southern, Central, Copperbelt, and Lusaka. The tour gave tertiary students a national platform to explore investor protection, navigate market opportunities, and understand the critical difference between entrepreneurship and long-term investing. Congratulations to all provincial teams, finalists, and outstanding speakers for representing their regions with excellence! #FinancialLiteracy #CapitalMarkets #FinancialInsight #Get2Know

A major cross-border energy milestone unfolded in Lusaka at Energy Forum for Africa (EFFA) 2026, where @AfricaGreenCo and AXIAN Energy finalised a 200 MWac (240 MWdc) power purchase agreement for the Kudu solar PV facility in Zambia. Designed to deliver roughly 530 GWh of clean electricity annually, the arrangement secures a bankable offtaker for AXIAN while enabling Africa GreenCo to wheel power through the Southern African Power Pool (SAPP) directly to mining, agricultural, commercial, and utility clients. The transaction proves that an interconnected regional power market is already operating in real time. With vital financial backing from Standard Bank Group and Stanbic Bank Zambia, the Kudu project now advances toward financial close and site construction. #EFFA2026 #PPA #EnergySector #PowerTransmission #FinancialInsight #Get2Know

📸 𝐏𝐇𝐎𝐓𝐎 𝐇𝐈𝐆𝐇𝐋𝐈𝐆𝐇𝐓𝐒 | Zambezi River Authority at Energy Forum for Africa The Zambezi River Authority (ZRA) highlighted progress on its flagship Batoka Gorge scheme, which will supply power to both Zambia and Zimbabwe with an initial planned capacity of 2,400 MW, as part of a broader ambition to develop over 5,000 MW across the Zambezi basin. Discussions centered on the critical challenge of raising the necessary financing to implement the project, alongside ongoing work to harmonize cross-border regulations between the two nations. Eng. Cleophas Fambi from the Batoka Project Implementation Unit sat on a panel with Nkandu Machungwa, Vice President of Energy, Infrastructure & Real Estate Finance at Stanbic Bank Zambia, speaking extensively on the funding requirements. In a separate discussion, ZRA Contracts Manager Sudden Mukuwe also contributed his insights during the forum. #EnergySector #WaterResource #FinancialInsight #Get2Know

𝐅𝐈 𝗘𝘃𝗲𝗻𝘁 𝗰𝗼𝘃𝗲𝗿𝗮𝗴𝗲 | 𝐈𝐧𝐬𝐢𝐝𝐞 𝐀𝐟𝐫𝐢𝐜𝐚𝐧 𝐈𝐧𝐬𝐩𝐢𝐫𝐚𝐭𝐢𝐨𝐧𝐬 🎨 32 artists. Diverse mediums. One celebration of Zambian creativity. The October 2026 African Inspirations Art Exhibition brought together some of Zambia’s premier fine artists at Nolands Zambia in Lusaka, showcasing works that reflect the country’s artistic talent, cultural identity and creative expression. Beyond the art, the showcase highlighted the importance of supporting the creative industry and creating opportunities for artists to connect with wider audiences and the business community. 🎥 Take a look inside this year’s exhibition. #FinancialInsight #AfricanInspirations #Mediamachine #Get2know