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Zambia Closes Border with Congo, Disrupting Key Copper Trade Route

Aug 11, 2024, 05:06 PM

Zambia has temporarily closed its borders with the Democratic Republic of Congo, a move that could delay copper exports from Africa's largest producer. The closure affects a key copper trade route, prompting concerns over potential economic impacts. The Democratic Republic of Congo has announced that it is in discussions with Zambia to expedite the reopening of the border.

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Will global copper prices increase by more than 10% by October 31, 2024, due to the Zambia-DR Congo border closure?

Zambia•Democratic Republic of Congo•Africa

Resolution / Starting Odds

Yes • 50%

No • 50%

Market data from commodity exchanges such as the London Metal Exchange (LME)

Will the Zambia-DR Congo border reopen by September 30, 2024?

Zambia•Democratic Republic of Congo•Africa

Resolution / Starting Odds

No • 50%

Yes • 50%

Official announcements from the governments of Zambia or DR Congo, or reputable news sources

Will Zambia and DR Congo reach an agreement to reopen the border by August 31, 2024?

Zambia•Democratic Republic of Congo•Africa

Resolution / Starting Odds

No • 50%

Yes • 50%

Official announcements from the governments of Zambia or DR Congo, or reputable news sources

How long will the Zambia-DR Congo border remain closed?

Zambia•Democratic Republic of Congo•Africa

Resolution / Starting Odds

3 to 6 months • 25%

More than 6 months • 25%

Less than 1 month • 25%

1 to 3 months • 25%

Official announcements from the governments of Zambia or DR Congo, or reputable news sources

What will be the economic impact on Zambia due to the border closure by December 31, 2024?

Zambia•Democratic Republic of Congo•Africa

Resolution / Starting Odds

Minimal impact • 25%

Catastrophic impact • 25%

Severe impact • 25%

Moderate impact • 25%

Economic reports from the Zambian government or international financial organizations

Which alternative trade route will be primarily used for copper exports due to the Zambia-DR Congo border closure by December 31, 2024?

Zambia•Democratic Republic of Congo•Africa

Resolution / Starting Odds

Other routes • 25%

Through Tanzania • 25%

Through Angola • 25%

Through Namibia • 25%

Reports from mining companies, government announcements, or reputable news sources