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Wednesday, August 5, 2020

Top Indian investors want to meet President Lungu during his visit-Kapijimpanga

Economy Top Indian investors want to meet President Lungu during...

Zambian High Commissioner to India Judith Kapijimpanga
Zambian High Commissioner to India Judith Kapijimpanga

ZAMBIA’S High Commissioner to India Judith Kapijimpanga says a number of top Indian investors have shown interest to meet President Edgar Lungu during his State Visit to India this week.

Mrs. Kapijimpanga says the reasons for meeting the Head of State will be to cement their investment pledges in Zambia.

She says her team will countinue encouraging more investors to invest in Zambia.

The High commissioner said this when she addressed a team of Zambian entrepreneurs who are in India to attend the Zambia- India Busines Forum.

Mrs. Kapijimpanga says most investors want to invest in sectors such as agriculture and technology .

Speaking at the same meeting, Zambia Development Agency (ZDA) Acting Director General Matongo Matamwandi says 50 private business men from Zambia will form part of the business delegation for the India -Zambia Business Forum on Wednesday.

Mr. Matamwandi says the business delegation will help in attracting investment in the Multi Facility Economic Zones (MFEZ) doted across the country .

President Edgar Lungu is on Tuesday, August 20, 2019, expected in New Delhi, India, on a three day State Visit.

The reciprocal visit follows his Indian counterpart Shri Ram Nath Kovind’s three day State Visit to Zambia in April 2018, first time an Indian President visited Zambia in 30 years.

This is contained in a statement made available by First Secretary Press and Tourism at the Zambian Mission in India Bangwe Naviley.


  1. I have found it a bit difficult to trust some Indian investors there records of investments are quite poor, eg Vendata and Binnan of lwanshya really what was their aim, was it just coming to steal or what better they are scrutinised before they come.

    • These are the only two you know… coz Indians do more Corporate social responsibility than any other nation… and fyi indians are peace loving too… not like chinese who are making a debt trap and really buying the whole country… you should really see some facts before you speak…

  2. Why would Indian Investors want to invest in Zambia when Vedanta an existing Indian Investor is being expropriated by the Zambian Govt? It doesn’t make sense. ECL will have to assure the Indian Govt that Vedanta will be paid adequate compensation for the loss of 80% of their Shareholding in KCM. Zambia cannot just takeover KCM without paying Damages and Compensation.

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