Zambia Reaffirms It Is Open for Business, Showcases Reforms and Investment Opportunities at UNGA80
Zambia has reaffirmed its readiness for transformative partnerships, with Minister of Foreign Affairs and International Cooperation, Hon. Mulambo Haimbe, S.C, M.P, declaring that the country is “open for business” at a Private Sector Roundtable held on the sidelines of the 80th United Nations General Assembly.
Addressing international investors and senior officials, Hon. Haimbe highlighted Zambia’s economic recovery and ongoing reforms as the cornerstone of a stable and predictable investment climate.
He stressed that decisive government action had restored macroeconomic stability after a challenging period of fiscal distress, positioning Zambia as a prime destination for sustainable investment.
“The political will for reform has never been stronger,” the Minister said. “We are not merely seeking capital but partners who share our values of transparency, sustainability, and prosperity.”
Hon. Haimbe outlined five priority sectors where opportunities are ripe for investors: mining, agriculture, energy, tourism, and infrastructure. These, he said, represent Zambia’s strongest engines for economic transformation and inclusive growth.
Mr. Jito Kayumba, Special Adviser to the President on Finance and Investments, echoed the Minister’s remarks, noting that the level of private sector engagement in Zambia is “unprecedented” under the current administration.
He pointed to visionary leadership as key in steering reforms that are unlocking private sector confidence and participation.
The roundtable provided a platform for dialogue between government officials and potential investors, with discussions expected to translate into concrete Memoranda of Understanding and new investment deals in the months ahead.
