Background
The Zambia Development Agency (the Agency) was established in 2006 by an Act of Parliament and became operational in January 2007 after the amalgamation of five statutory bodies that hitherto operated independently to foster economic growth and development by promoting trade and investment through an efficient, effective and coordinated private sector led economic development strategy. These institutions were the Zambia Investment Centre (ZIC), Zambia Privatisation Agency (ZPA), Export Board of Zambia (EBZ), Small Enterprise Development Board (SEDB) and Zambia Export Processing Zones Authority (ZEPZA).
The Act gives powers to the ZDA in key areas of trade development, investment promotion, enterprise restructuring, development of green fields’ projects, small and enterprise development, trade and industry fund management, and contributing to skills training development.
The amalgamated Agency is therefore a semi autonomous institution with its Board of Directors appointed, by the Minister of Commerce Trade and Industry. The Board comprises members of the public and private sector as well as civil society organisations, while both the Chairperson and the Vice Chairperson are appointed from the private sector. The organization has its head office in Lusaka and regional offices in Chipata, Kitwe, Kasama, Livingstone, Mansa, Solwezi and Mongu.
Investment
Zambia offers many benefits for large and small-scale investors:
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
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
Highlight
"Many investors would like to come to Zambia because of Government's corruption fight and we are overwhelmed!" Robert Schinga, Minister of Commerce Trade and Industry.
