Zambia Unveils “The Zambezi Minute” Vision to Lead in Critical Minerals Sector
This weekend, the Zambian government launched The Zambezi Minute, an ambitious initiative aimed at harnessing the global demand for critical minerals and attracting foreign investment.
The government has committed to ensuring fair benefits for its citizens, including jobs, revenue, and sustainability, while drawing in capital to drive economic growth.
The plan’s foundation rests on a streamlined regulatory system, with every policy evaluated by one key question: “Does it reduce risk and increase output?” Success, according to government officials, will rely on improved infrastructure, logistics, and transparent policies that foster investor trust.
In his statement, President Hakainde Hichilema emphasized the importance of partnership: “This is about partnership rooted in trust, clarity, and consistency—no surprises.”
He hailed the vision as central to Zambia’s future: “Critical minerals are key to our economic future. My role is to secure investment and ensure the benefits reach our people. The vision agreed upon today will drive growth, create jobs, and lead to lasting prosperity for Zambians.”
This announcement follows Zambia Statistics Agency (Zamstats) reports showing a 4% GDP growth in 2024, three times higher than the IMF’s projections.
The country saw an 8.6% growth in the final quarter of the year, driven by a recovery in the agricultural sector and strong mining industry performance.
The Zambezi Minute initiative places Zambia in a strong position to lead in the critical minerals sector and fully unlock its mining potential.
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