AFSIC 2024 will commence on Monday 7th October and run until Wednesday 9th October 2024. The individual delegate tickets include one delegate place at the conference, refreshments, lunch on whole conference days, access to all presentation areas, access to our online event platform which allows connections between all delegates and investors. REGISTER TO ATTEND AFSIC - Investing in
Africa 2024
2024
The ZDA Electronic Services Portal has been developed to provide electronic services to citizens, Investors, businesses in an effort to help eliminate paper-based workflows resulting in improved service delivery. Online Services E-Services Unlock your investment potential in Zambia today! With a stable political environment, strategic location as a gateway to Africa, and abundant natural resources like copper, Zambia is your key to growth and prosperity. Don't miss out on the opportunity to invest in a thriving emerging market – choose Zambia, your gateway to success! Read More
Welcome to Africa’s Best
Investment Opportunity
Slide

$ 21 billion

4.8% Annual growth

13,5%

inflation (Feb, 2024)

$1 = 20.21

KWACHA AVERAGE EXCHANGE RATE (2023)

$39.97 billion

Investment Commitments in 2023

$15.3 billion

Annual Trade (ZSA,2023)

19,6 million

POPULATION ACCORDING TO THE 2022 CENSUS

Where do you want to invest in today ?

Investment Priority Sectors

Tourism

Home to the Victoria Falls, one of the Seven Natural Wonders of the World

20 National Parks, 34 game areas, 23 million hectares set aside for wildlife, the possibilities are endless !

Also, the Country has numerous museums that house priceless historical artifacts such as Lusaka National Museum, Moto-Moto Museum, and Livingstone Museum. Zambia also boasts of various traditional ceremonies that take place at different times of the year where its rich cultural heritage is displayed.

Mining

7th largest copper producer worldwide, 6% of the world’s reserves

20% of world’s emeralds, uranium, coal and hydrocarbons opportunities abound

Zambia’s Copper mines are concentrated in the Copperbelt Province, though the past decade has witnessed the establishment of mines in other parts of the Country such as the North-Western Province.

Manufacturing

Contributing 8% to the country’s GDP

Key sectors: Food & Beverage, Textile, Wood, Paper, Chemicals and more

The top destinations for Zambian exports in 2016 are China (USS$ 2.14 Bn), India (USS$719 M), South Africa (USS$486 M), United Arab Emirates (USS$ 392 M), and Belgium-Luxemburg (USS$ 297 m).

Energy

6,000 MWS unexploited hydro power potential

2,300 MW solar and 3,000 MW wind potential generation

The demand for electricity has been growing at an average rate of 3% per annum, mainly due to increased economic activity in the Country, especially in the Agriculture, Manufacturing, and Mining sectors, respectively. The Country’s growing population has also led to an increase in the demand for petroleum and solar energy for transportation and domestic use especially in rural areas.

Agriculture

42 million hectares of arable land, only 1,5 million currently cultivated

40% of all water resource in SADC region

Given its vast resource endowment, Zambia has huge potential to expand its agricultural production. Its climate follows a similar pattern to that of most Southern African countries, experiencing rainy seasons between the months of November and April. The dry season is characterized by low humidity between the months of May and November. The average temperature in the summer is 30°C and gets as low as 5°C in the winter.

Key Statistics

$28.2 Billion

5.8% Annual Growth (2023)

15.2%

inflation (Jun,2024)

$1 = k24.7

Kwacha average exchange rate (Jun,2024)

$39.97 billion

Investment Commitments (2023)

$15.3 billion

Annual Trade (ZSA,2023)

19.6 million

population (ZSA,2022)

Investment Incentives

No price, foreign exchange or interest rate controls

100% repatriation of net profits

0% Tax for tourist services and mining products for export

0% Tax on profits and dividends for companies operating in industrial parks

Tax-exempt dividends for farmers for the first 5 years

VAT refund for purchase and export of Zambian products for manufacturing

10-year carry period for mining losses

Special Economic Zones (SEZs)

A Special Economic Zone (SEZ) is an area or premises declared as such in which industrial and commercial activities take place, catering for both export and domestic-oriented industries.”  Currently Zambia has two types of such zones which are commonly referred to as Multi-Facility Economic Zone (MFEZ) and Industrial Park (IP) and is in the process of developing Export Processing Zones (EPZ).

Zambia has seven (07) functional SEZ i.e. five (05) MFEZs and two (02) IPs.  All SEZs have backbone structures such electricity, water, waste disposal facilities, telecommunication facilities, buildings and roads.

Start a Business in 7 steps

It takes just 7 steps to start a business in Zambia ! ZDA will help you along the way and ensure the process of incorporation and starting your business in the country is as fast and smooth as possible.

Welcome Entrepreneurs

With 70% of our population under 30, Zambia is a country booming with young entrepreneurs. ZDA is here to promote and help aspiring entrepreneurs to launch and grow their businesses. From facilitating financing to joint ventures, and from product development to incubation, entrepreneurs are comprehensively supported in this thriving market.

Export from Zambia to the World

Zambia is a reliable and competitive source for manufactured goods, horticultural and other locally produced products. The Zambia Development Agency (ZDA) ensures that exports contribute to economic growth through increased and sustainable production, job creation and competitive export market access.

The main objective is to broaden the country’s export base and increase foreign exchange earnings by providing accurate market information, expanding Zambia’s share of the global market, positioning non-traditional exports in target markets and lobbying government to offer favourable policies to the exporting community.

About us

The Zambia Development Agency (ZDA) is a statutory body under the Ministry of Commerce, Trade and Industry (MCTI), established under the ZDA Act No. 17 of 2022.

The ZDA draws its mandate from the Investment, Trade and Business Development (ITBD) Act No. 18 of 2022 to foster economic growth and development by promoting trade, business development and investment in the Republic through an efficient, effective and coordinated private sector led economic development strategy.

10 reasons to invest in Zambia

Peace and stability

Tax friendliness

Wide trade and market accessibility

Skilled and affordable manpower

Stable and predictable policies

Abundant natural resources

Good political governance

Progressive banking, legal, and insurance services of international standards.

Youthful and friendly population

Interconnectivity and access to regional market

Events

31 – 05

Jul – Aug, 2024

Agricultural and Commercial Show

07 – 09

Oct, 2024

AFSIC – INVESTING IN AFRICA 2024

Contact us if you have any questions!

Join us!