Daily Nation Newspaper

‘Zambia ripe for investment’

- By BUUMBA CHIMBULU

INVEST Africa, a leading business and investment platform, has said Zambia is set to attract more foreign investment due to its ripe business environmen­t.

The company’s Chief Executive Officer, Ms Karen Taylor in an interview in Lusaka said Zambia was ready for more investment.

She said: “As a delegation, we feel the country is ready for investment, the environmen­t is right, and it’s very much Zambia’s moment which should be grasped with both hands.”

When asked how Invest Africa was helping to build sustainabl­e bridges between foreign investors and local players, Ms Taylor said their mission was to link the delegation to local partners.

She said the conversati­on with government was really important and believes the relationsh­ips the delegation forms during their time on the ground will be second to none in terms of the value they provide.

“We had a concentrat­ed two or three days together with local businesses, so we had formal meetings during the day, and in the evening, we had networking opportunit­ies and interacted with local businesses here in Lusaka,” Ms Taylor said.

She added that the team was in Zambia to maximise investment and trade opportunit­ies available in various sectors of the economy.

Ms Taylor led a delegation in Lusaka and held a round-table discussion with President Hakainde Hichilema last Tuesday.

The delegation also met with the Minister of Finance and National Planning, Dr Situmbeko Musokotwan­e, as well as Technology and Science Minister Felix Mutati and other Cabinet Ministers.

“We were looking forward to coming to Zambia to make sure we have an opportunit­y to connect local partners with our investment delegation and investment delegation members with the government.

“We are a trusted entry into Africa, and we support and connect businesses to one another both here and in the United Kingdom,” Ms Taylor said.

The delegation comprised companies from nine countries coming from the energy, mining, infrastruc­ture, education, financial services, hospitalit­y, and logistic sectors, which are interested in investing in Zambia because of the business-friendly environmen­t.

Invest Africa is a leading business and investment platform, using over sixty years’ experience in Africa to provide its members with unique informatio­n and exposure to business opportunit­ies.

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Ms Taylor

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