The Zambia Development Agency (ZDA) has applauded global investment firm Imbono for its commitment to channel significant investment into Zambia’s priority economic sectors, including infrastructure development, energy, water resources, and the establishment of economic zones.
Speaking during the signing ceremony of a Memorandum of Understanding (MoU) between ZDA and Imbono, ZDA Director Albert Halwampa said the partnership represents a major step toward unlocking large‑scale investment opportunities and accelerating job creation for Zambians.
Mr. Halwampa emphasized Zambia’s strong position as an attractive and secure investment destination, assuring Imbono of a conducive environment for long‑term business growth.
“Zambia is a strategic investment destination in central southern Africa with the best investment environment brought by the leadership of President Hakainde Hichilema. Therefore, your investment is safe here, and I can assure you that you will not regret your decision,” said Mr. Halwampa.
Meanwhile, Imbono Investment Chief Executive Officer Marcus Weyll reaffirmed the firm’s confidence in Zambia, noting that infrastructure development remains a foundational driver of economic progress.
Mr. Weyll revealed that the firm targets to invest 2 billion dollars annually in the Southern African region, and Zambia will get a significant portion of the investment.
“Infrastructure is a key driver of all sectors, hence our decision to prioritize it even within this partnership,” stated Mr. Weyll.
IMBONO has a presence across emerging and developed markets with offices in eight locations, including Dubai and Abu Dhabi in the United Arab Emirates.
The MoU between ZDA and Imbono marks the beginning of a strategic collaboration aimed at stimulating investment in sectors critical to Zambia’s economic transformation. Key focus areas include Infrastructure development, Creation and expansion of economic zones, Energy sector advancement, water resource management, and Sustainable agriculture initiatives
The partnership is expected to spur economic diversification, boost industrial activity, and create new employment opportunities across the value chain.
The agreement signals growing investor confidence in Zambia’s economic reforms and development agenda.
