Zambia: A Prime Investment Destination in Africa

Zambia is recognized as a top investment destination in Africa, as stated by the Canadian Government. Key factors include its political stability and economic potential. A trade mission to Zambia for Canadian businesses is proposed, with an emphasis on investment opportunities, particularly in the mining sector.

Zambia is gaining recognition as one of Africa’s premier investment destinations, as highlighted by the Canadian Government. Rob Oliphant, the Parliamentary Secretary to Canada’s Minister of Foreign Affairs, emphasized during a bilateral meeting with Zambia’s Foreign Affairs Minister, Mulambo Haimbe, that Zambia’s political stability, good governance, and robust economic potential enhance its attractiveness for investment.

During the meeting on the sidelines of the Commonwealth Ministerial Action Group (CMAG) meeting in London, Mr. Oliphant suggested organizing a Canadian trade mission to familiarize Canadian businesses with the investment opportunities in Zambia. Minister Haimbe assured the Canadian delegation of Zambia’s dedication to creating a favorable investment climate.

To illustrate Zambia’s commitment to attracting foreign investment, Minister Haimbe provided an update on recent initiatives in the mining sector. Notably, a new high-resolution geophysical survey aimed at identifying mineral-rich areas for exploration was launched, showcasing Zambia’s proactive approach to tapping into its natural resources. This information was shared by Eva Chanda, Principal Public Relations Officer at the Ministry of Foreign Affairs.

In conclusion, Zambia’s status as a leading investment destination in Africa is affirmed by its political stability, governance, and economic potential. The Canadian Government’s initiative to explore trade opportunities reflects confidence in Zambia’s investment climate. The mining sector’s development initiatives further demonstrate Zambia’s commitment to attracting foreign investments.

Original Source: znbc.co.zm