Zambia Development Agency Signs Landmark MoU with Imbono to Boost Investment and Job Creation
Zambia Secures Major Investment Partnership with Imbono to Drive Infrastructure, Energy, and Economic Growth
The Zambia Development Agency (ZDA) and global investment firm Imbono have signed a landmark Memorandum of Understanding (MoU) to unlock significant investment opportunities across multiple sectors in Zambia.
The agreement highlights growing confidence in the country’s ongoing economic reforms and development agenda.
Speaking at the signing ceremony, ZDA Director Albert Halwampa commended Imbono for its commitment to channeling investment into Zambia’s priority sectors, including infrastructure, energy, water resources, and the development of economic zones.
“This partnership represents a major step toward unlocking large-scale investment and accelerating job creation for Zambians,” Halwampa said. “Zambia is a strategic investment destination in central southern Africa, with a conducive environment for long-term growth. Your investment is safe here, and I can assure you that you will not regret your decision.”
Imbono Commits Significant Regional Investment
Marcus Weyll, Chief Executive Officer of Imbono, reaffirmed the firm’s confidence in Zambia, highlighting the pivotal role of infrastructure as a driver of economic progress.
He disclosed that Imbono plans to invest USD 2 billion annually across the Southern African region, with Zambia expected to receive a substantial portion of this capital.
“Infrastructure is a key enabler across sectors, which is why we have prioritised it within this partnership,” Weyll explained.
Strategic Sectors and Economic Impact
With offices in eight international locations, including Dubai and Abu Dhabi, Imbono brings extensive experience across both emerging and developed markets.
The MoU outlines collaboration across infrastructure, energy, water management, sustainable agriculture, and the creation and expansion of economic zones.
The partnership is expected to stimulate economic diversification, boost industrial activity, and create employment opportunities across Zambia’s value chains.
Analysts say the agreement strengthens Zambia’s position as a secure and attractive destination for foreign investment, enhancing long-term economic resilience and growth potential.
