Zambia sports minister Chishimba Kambwili said at a media national team photo session held in Lusaka on Thursday that the financial details of the new contract had yet to be worked out.

“We had a fruitful meeting with the Football Association of Zambia (FAZ) and I want to announce that very soon we are signing a three-year  contract with Herve Renard that will go up to August, 2014," Kamwbili said.

"We will ensure that we give him a lucrative deal so that he is not swelled by other countries that are after him."

Renard's current contract runs up to November 2012 after returning to the post in November 2011 following the dismissal of his successor Dario Bonetti.

The new deal means Renard is set to lead Zambia's Brazil 2014 World Cup qualifying campaign.

Renard guided Zambia to their first-ever Nations Cup triumph on February 12 in Libreville, Gabon after beating Cote d’Ivoire 8-7 on penalties.