Subject: ITSL Newsletter - Investing in Zambia

 
 

Investing in Zambia

Zambia at a glance


Home to Victoria Falls - one of the seven natural wonders of the world - and situated in southern Africa, Zambia is a land-locked country bordered by 7 other African countries. Zambia gained independence from the United Kingdom in 1964 and is considered as one of the most highly-urbanised countries in Sub-Saharan Africa. The country has very stable macroeconomic fundamentals with a growing GDP of about USD 21 billion. The local currency is performing very well against the United States dollar and other major world-convertible currencies. In 2021, Zambia was ranked 154 out of 191 countries in the United Nations Development Programme (“UNDP”) Human Development Report. Zambia is a member of the regional and continental economic communities, that is, the Common Market for Eastern and Southern Africa (COMESA), Southern Africa Development Community (SADC) and African Continental Free Trade Area (AfCFTA).

Why Invest in Zambia?


In its quest to encourage FDI into Zambia, the Zambia Development Agency has spotlighted specific sectors boasting of a promising outlook: Mining, Tourism, Manufacturing, Energy and Agriculture. The country offers a wide array of advantages to investors seeking to expand their operations there.

 

Seychelles - an investment springboard into and for Zambia


Seychelles positions itself as an interesting gateway to leverage investment opportunities in the region, offering market access to one of the least developed but most promising continents worldwide. As one of the most economically and politically stable countries in Africa, Seychelles is well placed to assist in facilitating regional economic integration.

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