The Zambia Development Agency (ZDA) has called on global investors to seize opportunities and invest in Zambia’s mineral and energy sectors.
ZDA Director General, Albert Halwampa highlighted Zambia’s stable strong policy framework, abundant mineral resources, good macroeconomic fundamentals, peaceful and stable political environment and strategic location as key drivers underpinning the country’s growing global competitiveness.
Mr Halwampa attributed this to good leadership of President Hakainde Hichilema that positions Zambia as a leading investment destination in Africa
Mr Halwampa was speaking in China at the 21st Shanghai Metals Market Copper Industry Conference and Expo (SMMCCIE).
He noted that Zambia is targeting an increase in copper production to three million Metric Tonnes (MT) per annum by 2031 from the current 890,000 MTs, supported by progressive policies such as the National Mineral Resource Development Policy and the National Critical Minerals Strategy.
And Mr Halwampa indicated that Zambia, which currently contributes approximately five percent of global copper supply, ranks her a second-largest copper producer in Africa.
He added that Zambia also accounts for about 38 percent of Africa’s manganese production, positioning it as a potential hub for critical raw materials.
“Zambia is not only rich in critical minerals such as copper, cobalt, manganese, lithium and nickel, but is also focused on enhancing value addition and industrialisation to maximize benefits from these resources,” he said.
The Director General underscored the government’s commitment to creating a conducive investment climate through investor-friendly policies, including favourable investment incentives.
Mr Halwampa also pointed out additional investment opportunities in the energy sector as the government diversifies the energy mix away from over-reliance on hydro to other renewable sources of energy such solar PV, wind, waste to energy geothermal as well as thermal power.
“Zambia’s strategic location provides access to a combined market of over 1.3 billion people under the African Continental Free Trade Area (AfCFTA), making it an ideal hub for regional trade and industrial activity,” he said.
Mr Halwampa concluded by inviting global investors to participate in Zambia’s growing economy, particularly in mineral processing, renewable energy, and value chain development within multi-facility economic zones.
“Zambia offers stability, opportunity, and a clear vision for sustainable growth. Now is the time to invest in the country,” he said.
The ZDA Director General has since invited investors to come and attend the first-ever SMM Conference on critical minerals to be held in October 2026 in Lusaka.
Zambia open for corruption.
Investment? Investment isn’t the same as exploitation.
How many Tongas have senior and middle and lower management positions in Zambia? Will they have any positions when government change? How?
Shouldn’t raping the countries minerals be a crime ??
Or is it accepted because most wont be around when future generations come to power
No your so-called free education doesn’t teach you how to exploit your abundant resources. It prepares you to work for foreign exploiters.
60 years after independence not a single Dangote sure? Not a single Zambian owns a mine yet the country has abundant minerals. Unfortunately that’s how the colonisers prepared and still prepares our minds. He makes you believe certain stuff can’t be done by a black man.
He creates an inferiority complex in all of you from president to fisherman and exploits the situation.
Just look around Africa- who is exploiting our resources? The ex coloniser (who created a neo-colonialist mindset in us)from Europe, Australia, America
Why doesn’t the continent come together, industrialise and fuel intra Africa trade? Why is Zambia content to produce raw copper for Europe, DRC can’t refine its gold, uranium, etc, Cote D’ Ivoire doesn’t sell chocolate to Kenya because Switzerland needs its cocoa.
I wonder why we have president’s if all they do is come into power to perpetuate the exploitation of their citizens
12 billion dollars invested in mines, absolutely nothing to show for on the ground
Look! Look! Just a few days ago, these mining licenses below escaped the interests of 240 million Nigerian citizens:
Australian miner Chariot Resources Limited has announced a lithium-rich mineral discovery in Nigeria following the approval of six mining licences by the Nigerian Mining Cadastre Office (MCO),
And they only announce these discoveries after the approval of licenses.
Africa my Africa
Hafilwa Hukuteka mambala kuya bebele