ZDA Promotes Zambia’s Investment Potential During High-Level Germany Engagements
Zambia Markets Mining, Energy and Agriculture Investment Opportunities to German Investors
The Zambia Development Agency (ZDA) has promoted the country’s investment opportunities to German and European investors during high-level engagements in Germany aimed at strengthening economic cooperation and attracting foreign direct investment.
The ZDA formed part of a Zambian government delegation participating in Development Cooperation negotiations between Zambia and the Federal Republic of Germany for the 2027–2028 cooperation period.
The bilateral discussions focused on strategic sectors including governance, agriculture, food and nutrition security, and water development.
Business forum highlights investment opportunities
On the sidelines of the negotiations, a high-level business forum was held in collaboration with the Zambian Embassy in Germany, the German-African Business Association, the German Agribusiness Alliance, the German Chamber of Commerce and Industry Southern Africa, GIZ and KfW Development Bank.
Speaking during the forum, Ministry of Finance and National Planning Permanent Secretary for Economic Management and Finance Mulele Mulele said Zambia’s improving macroeconomic environment and policy reforms continue to strengthen investor confidence.
Representing Secretary to the Treasury Felix Nkulukusa, Mr Mulele cited policy consistency, fiscal discipline, Zambia’s mineral resource base and the recently concluded International Monetary Fund Extended Credit Facility programme as key drivers of economic stability.
ZDA markets key sectors
ZDA Director General Albert Halwampa outlined investment opportunities across critical minerals, energy, agriculture, and water and sanitation infrastructure.
Mr Halwampa encouraged German investors to take advantage of Zambia’s stable business environment and investment-friendly policies.
“Zambia has stable and predictable policies, which are critical to investors. We also encourage investors to prioritise the employment of Zambians so that investments generate meaningful local economic benefits,” he said.
Call for stronger Zambia-Germany partnerships
Meanwhile, Zambia’s Ambassador to Germany Winnie Chibesakunda called for stronger economic partnerships between the two countries.
Mrs Chibesakunda said Germany’s industrial expertise, combined with Zambia’s political stability and ongoing reform agenda, creates strong potential for long-term investment collaboration.
“When these strengths come together, the outcome is not just investment, but transformation,” she said.
The forum also featured testimonies from existing investors, including representatives from Bayer and Level Build Zambia, who highlighted Zambia’s growing attractiveness as an investment destination for European businesses.
