Israel Explores Investment Opportunities in Zambia’s Environmental Sectors
The Israeli Ambassador Designate to Zambia, Zimbabwe, and Botswana, Her Excellency Ms. Ofra Farhi, engaged in discussions today with Zambia’s Minister of Green Economy and Environment, Hon. Eng. Collins Nzovu MP, to explore potential investments in the forestry, agriculture, and water sectors.
Her Excellency Farhi, during the courtesy call, highlighted the strong cooperation between Israel and the Zambian Government.
The focus of the discussions centered around exploring investment opportunities in key environmental sectors with the aim of enhancing the living conditions of the Zambian people.
Expressing Israel’s desire for closer economic ties, Ambassador Farhi specifically pointed to potential investments in Zambia’s forestry, agriculture, and water sectors.
These investments aim not only to foster economic growth but also to contribute to the sustainable development of the country.
In response to the Israeli Ambassador’s proposals, Hon. Eng. Collins Nzovu emphasized the need for strengthened collaborations between the two countries.
Both parties expressed a shared commitment to protecting the environment, aligning with Zambia’s Green Agenda outlined in the Eighth National Development Plan (8NDP).
Hon. Nzovu advocated for a mutual partnership that promotes the Green Agenda, emphasizing the various opportunities available in Zambia for Israeli companies to invest.
He cited sectors such as agriculture, energy, forestry, and health as areas with substantial potential for collaboration and growth.
Highlighting Zambia’s abundant opportunities, Hon. Nzovu urged Israeli companies to consider investing in sectors vital to the nation’s development.
The Minister pointed out agriculture, energy, forestry, and health as promising areas where Israeli expertise could make a significant impact.
As both nations strive for economic growth and sustainable environmental practices, the discussions between Ambassador Farhi and Hon. Nzovu mark a crucial step toward fostering a robust economic partnership between Israel and Zambia.
The potential investments in forestry, agriculture, and water sectors could not only boost economic development but also contribute to addressing key environmental challenges in Zambia.
