Investment Opportunity in Zambia

 

Zambia is a peaceful and politically stable country. Since 1991, political transfer of power has been conducted through multi-party elections. The Country is generally safe and, unlike some of its neighbors, it has not experienced coups, civil wars, or prolonged misgovernance. It also enjoys a free press and has an active civil society and the economy having some representative groupings.

Zambia has many attributes to attract foreign direct investment. It is a mining economy with decades of experience in mining-related activities.

As much of the investments so far have been in the mining sectors, there remain several vastly untapped opportunities in Zambia.

Mining: With vast reserves of copper and cobalt, the mining sectors offer real potential for growth and further expansion. Home to 6 % of the world’s copper reserves, Zambia also boasts of precious stones such as emeralds, amethyst, aquamarine, gold, and diamonds. Zambia has the second-largest deposit of the worlds’ best emeralds comprising 20% of the world supply.

Agriculture: Zambia has 752,000 square kilometers of land-mass, 58 % of which are arable. Zambia has a massive opportunity in irrigation farming potential and agro-business. Cotton, flower, coffee, tobacco, sugarcane, pineapples, cashew nuts, cassava, and other horticultural and floricultural crops are been prioritized for investment by Zambian Government.

Tourism: Zambia’s tourism potential lies in its vast natural resources, most of which are pristine and unexploited and cater to a diverse and broad range of interests, including varied sceneries, wilderness and wildlife, adventure activities, diverse culture, and national heritage. Although known mainly for the world-famous Victoria Falls, a UNESCO world heritage site, Zambia boasts of many other attractions including 19 national parks. Zambia’s wildlife estate is one of the largest in the sub-region, with wildlife protected areas occupying 40% of the country’s land.

Energy: With 40 % of water resources in the southern Africa sub-region found in Zambia, Hydropower generation is identified among the country’s investment potentials.