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Mutati’s Address at AGOA Gets Standing Ovation

Zambia's Commerce Minister Felix Mutati has told American investors they stand to lose huge opportunities if they avoid investing in changing Africa.

Mutati, who on Friday received a standing ovation after delivering a strong emotional speech at the African Growth Opportunity Act (AGOA) Forum in Kansas City, said Africa was changing.

LAP GreenN Buys 75% Zamtel Shares

LAP Green Networks of Libya has bought 75 percent equity shares in Zambia Telecommunications Company Ltd (Zamtel), and all parties have signed binding transaction documents.

ZDA Records US$1.3bn Investment in First Quarter

Zambia Development Agency has recorded more than US$1.3 billion foreign direct investment (FDI) in the first quarter of the year, surpassing the projected US$1 billion FDI inflow in 2010.

ZDA Effects Client Charter

Zambia Development Agency has started implementing its Client Charter Roll-out Plan to enhance investor confidence in the institution and contribute to reducing the cost of doing business.

ZDA Receives Binding Bids for Zamtel

The Zambia Development Agency (ZDA) last week received three binding bids for Zamtel on March 12, 2010, the closing date for submission of the bids.

Binding offers have been received from Altimo Holdings / VimpelCom of Russia, LAP Greencom Ltd / LAP Green Networks of Libya, and Unitel / Angola Cables of Angola.

Zambia, China Sign Five Agreements

Zambia and China have signed five co-operation agreements in Beijing, which included one relating to partnership in the development of multi-facility economic zones (MFEZs) in Zambia.

Government Supports Strategies Promoting Resource Utilisation

Finance and National Planning Minister, Dr. Situmbeko Musokotwane has said value addition to Zambia’s resources is essential to cushion the domestic economy’s vulnerability to external shocks such as asymmetrical commodity prices, exchange rates and global trade volumes.

November, December Registers 9.4% Export Earnings Rise

Zambia has recorded a 9.4 percent increase in the total value of exports between November and December last year, Central Statistical Office (CSO) Director, Mrs. Efreda Chulu has said.

Mrs. Chulu said metal products recorded a higher value in revenue growth of 9.4 percent in nominal terms in the last two months of 2009.

Zambia Resists Global Crunch

Zambia has resisted the global economic crisis with a pick-up in growth, the latest Standard Chartered Bank Global Focus on the outlook for Zambia entitled “An Uneasy Transition” has indicated.

Asian Investment in Zambia Rises above US$6 Billion

Asia investment in Zambia has significantly increased over the last decade, with China accounting for US$6.1 billion, Zambia Development Agency Director for Export Promotion and Market Development, Glyne Michelo has said.

Investment

Zambia offers many benefits for large and small-scale investors:

 

- Zambia’s growth sectors
- Opportunities for investment
- Joint ventures, partnerships, and franchises
- Priority areas and investment incentives
 

Investments »

Exports

Zambia Development Agency help maximise our nation’s outbound revenue:

 

- Learn how to export
- Find foreign buyers
- Importing from Zambia
- Markets and market research
- Pricing, packaging and quality certifications

Exporting in Zambia »

Small Businesses

Entrepreneurs, start-ups, micro- small and medium enterprises can all get help and advice:

 

- Learn how to start up a business
- Get advice on your products
- Find funding and investors
- Achieve small business growth
 

 

Small Businesses »


Highlight

LAP Green Networks of Libya has bought 75 percent shares in Zambia Telecommunications Company (ZAMTEL) at US$257 million after being chosen as the preferred buyer against Angola's UNITEL.