Investment Profile - Zambia
Republic of Zambia By Africa Business Association
Zambia is a landlocked country in Southern Africa that is bordered by eight countries with an es mated popula on of 16 million people. It is rich in natural resources, has a stable poli cal climate and a strong legal and financial system. Zambia has 40% of the water resources in Southern Africa and there is significant poten al for the agricultural sector with a large land mass, the majority of which is arable. Currently, only 14% of the land is under cul va on and the government has plans to develop the sector given its key role in promo ng growth and allevia ng poverty. In 2019 Zambia's Vice President Ms. Wina launched the Diaspora Policy recognizing that all Zambians HE Edgar Changwa Lungu, President of Zambia speaks at the United Na ons. irrespec ve of where they are in Daily Monitor the world need to be cared for and treasured as key human capital needed for the country’s Republic development agenda. Formula ng the Diaspora Policy, President: the Zambian Government was mindful of the various Edgar Changwa Lungu challenges hindering the par cipa on of the diaspora h ps://pmo.gov.et/ in the country’s development. A strong diaspora Region: community provides viable prospects for more foreign Southern Africa direct investment. Es mated GDP: US$73 billion (2019) O cial Name: Es mated Popula on: Republic of Zambia 16.0 million Government Format: 34
July-August 2020
DAWN
www.africanbusinessassociation.org
