President Hichilema to Pitch Zambia as Top Mining Investment Destination at Mining Indaba 2026
Zambia Seeks New Mining Investment and Jobs as President Hichilema Addresses Mining Indaba
President Hakainde Hichilema will deliver the keynote address at Mining Indaba 2026 in Cape Town, Africa’s largest mining investment conference, as Zambia intensifies efforts to attract new capital into its mining sector and create jobs for its citizens.
The President’s message at the forum is clear: increased mining investment is central to job creation and economic growth in Zambia.
Beyond employment at mine sites, new investments generate opportunities across supply chains, transport services and surrounding communities, while higher copper output boosts government revenues for schools, healthcare and infrastructure.
Since taking office in 2021, the government has focused on restoring investor confidence and positioning Zambia as a preferred destination for responsible mining investment.
These efforts are beginning to yield results. In 2025, Zambia’s copper production reached 890,346 metric tonnes, an 8% increase on 2024 and the country’s highest output in years.
Major projects have played a key role in this recovery. First Quantum Minerals’ US$1.25 billion S3 expansion at the Kansanshi mine, commissioned by President Hichilema in August, has extended the mine’s life by 20 years and secured thousands of jobs.
Previously struggling operations such as Mopani and Konkola Copper Mines (KCM) have resumed operations, rehired workers and renewed investment, injecting billions of kwacha into local economies.
The impact of mining investment is also visible in infrastructure development. Projects such as the Western Corridor Project a 371-kilometre road upgrade linking North-Western and Western provinces under a 25-year public-private partnership are improving connectivity and supporting broader economic activity.
Looking ahead, Zambia has set an ambitious target of producing 3 million tonnes of copper annually. Achieving this goal would translate into more employment for young people, higher tax revenues and expanded opportunities for local suppliers and entrepreneurs within the mining value chain.
Mining Indaba provides a direct platform to engage global mining executives and investors. President Hichilema is expected to underline that Zambia is open for business, delivers on its commitments, and offers a stable and reliable environment for responsible mining investment in Africa.
