Zambia’s ICT Sector Emerges as Fastest-Growing Economic Powerhouse Amid Broad-Based Growth
Zambia’s Information and Communication Technology (ICT) sector has emerged as the fastest-growing and most dynamic pillar of the national economy, according to economic analyst Mr. Kelvin Chisanga, who says the sector’s performance is a clear signal of the country’s accelerating digital transformation and economic diversification.
Speaking on recent economic trends, Mr. Chisanga revealed that in 2024, the ICT sector recorded the highest growth rate across all sectors and made the most substantial positive contribution to the nation’s GDP, surpassing even traditional sectors like mining.
“This surge is largely attributed to expanded internet connectivity, increased mobile money penetration, a wave of fintech innovation, and Zambia’s proactive digital agenda,” Mr. Chisanga explained. “The growth witnessed in ICT clearly underscores Zambia’s readiness to compete in a digital global economy with advanced ICT-blended solutions.”
He emphasized that deliberate investments—driven by strong policies supporting infrastructure development and digital literacy—are bearing fruit. “We are witnessing the results of deliberate investments with strong policy instrumentation in both infrastructure and digital literacy,” he said.
Despite mining retaining its central economic role, especially with copper production rising by over 30% in the first quarter of 2025, Mr. Chisanga pointed to several other emerging sectors that reflect Zambia’s shift toward a more inclusive and innovation-led economy:
- Tourism and Hospitality – Strong rebound supported by domestic travel and increased activity in Meetings, Incentives, Conferences, and Exhibitions (MICE).
- Agriculture – Resilient growth due to improved seasonal output and sustained rural development programs.
- Creative Industries – A rising force fueled by youthful innovation and digital platforms expanding market reach.
“These sectors collectively represent Zambia’s strategic push toward sustainable and diversified growth,” Mr. Chisanga stated.
He further noted that the government’s commitment—especially through the Ministry of Science and Technology—has created an enabling environment by prioritizing structural reforms, technological adoption, and public-private partnerships.
“As Zambia positions itself for long-term prosperity, the rise of the ICT sector and other emerging industries offers a compelling narrative of transformation, resilience, and opportunity in the post-debt restructuring era,” Mr. Chisanga concluded.