ZDA Signs Strategic MoU with Impero Presa Investment to Boost Multi-Sector Growth
The Zambia Development Agency (ZDA) has signed a Memorandum of Understanding (MoU) with Impero Presa Investment L.L.C., an Emirati-Italian investment and project management group with operations across the United Arab Emirates, Italy and Africa. The partnership is expected to unlock transformative investments across multiple sectors of the Zambian economy.
The agreement sets out a framework for collaboration in mining, oil and gas, energy solutions, logistics, construction, education, agriculture and infrastructure. Specific areas of focus include mineral exploration and extraction, renewable and conventional energy development, university student accommodation, irrigation projects to address drought impacts, and the expansion of road, rail and airport facilities.
Under the MoU, Impero Presa Investment will allocate capital to Zambia, ensuring projects adhere to international standards and local laws while creating employment opportunities and implementing Corporate Social Responsibility (CSR) programmes. ZDA will facilitate the smooth roll-out of projects by assisting with permits and licensing, coordinating with government ministries, securing regulatory approvals, and promoting investment cooperation.
Speaking at the signing ceremony, ZDA Director General Albert Halwampa said the partnership was consistent with Zambia’s broader strategy to attract foreign direct investment and stimulate job creation.
“Zambia remains the investment destination of choice in the region, thanks to President Hakainde Hichilema’s leadership, ongoing reforms through the Public-Private Dialogue Forum and the Presidential Delivery Unit, and our Government’s commitment to removing investment bottlenecks,” he said.
Mr Halwampa pointed to Zambia’s stable macroeconomic environment, improved by debt restructuring and access to affordable credit, as well as its strategic location offering market access through SADC, COMESA and the AfCFTA.
Impero Presa Investment Chief Project Officer Mohamed Elbnna welcomed the agreement, stressing the company’s commitment to expanding its footprint in Zambia.
“We are eager to explore opportunities in energy, agriculture and other growth sectors. This partnership will unlock transformative investments that support Zambia’s long-term development,” he said.
