The Zambia Development Agency (ZDA) has signed an Investment Promotion and Protection Agreement (IPPA) with Ndola Vioqua Energy Company Limited for the development of a 450 MW thermal power plant in Ndola valued at USD 450 million. At the signing ceremony, ZDA Director General Mr Albert Halwampa commended the company for investing in baseload power […]
“Our shared commitment is to strengthen evidence-based policymaking and ensure that economic development is underpinned by high-quality research, sound analysis and practical policy solutions,” said Mr. Halwampa.
“ZIDR was established to strengthen Zambia’s investment ecosystem by addressing the financing challenges faced by businesses with bankable projects. The platform improves access to capital while making it easier for investors to identify credible investment opportunities. It also enhances transparency, reduces the time and cost involved in sourcing investment partners, and helps accelerate project implementation,” he said.
A delegation of Tanzanian investors is in Zambia to explore investment opportunities in strategic sectors, including manufacturing, agriculture, transport, and logistics, industries regarded as critical drivers of employment creation, industrialisation, food security, economic growth, and regional trade. Speaking during the Tanzania-Zambia Business Forum organised by the Zambia Development Agency (ZDA), Ministry of Commerce, Trade and […]
He further highlighted that, on a cumulative basis, Zambia has recorded USD 16.4 billion in actualised investments and 109,488 jobs created from 2021 to Q1 2026, against total committed investments of USD 92.01 billion.
ZDA Director General Albert Halwampa commended the initiative, emphasizing its alignment with the agency’s mission to promote local industries.
“Zambia has stable and predictable policies, which are key and matter most to investors. We also encourage investors to prioritise the employment of Zambians, ensuring that investments translate into local economic benefits,” Mr. Halwampa stated.
ZDA Director General Albert Halwampa welcomed SEL’s continued investment, citing its alignment with President Hakainde Hichilema’s directive to scale up national power generation from 3,800MW to 10,000MW.
The Zambia Development Agency (ZDA), in partnership with the Luapula Chamber of Commerce and Trade, has successfully conducted a Business Clinic on the margins of the Luapula Province Investment Expo, aimed at strengthening the capacity of local businesses and preparing them to seize emerging investment opportunities. Officially opening the Business Clinic, ZDA Director General, Albert […]
The Zambia Development Agency (ZDA) has secured a major strategic partnership with the Jiangsu Industrial Cooperation Association, with a membership of over 5,000 enterprises aimed at significantly boosting investment inflows from the People’s Republic of China into Zambia. The collaboration in Nanjing, Jiangsu province, underscores the growing investor confidence in Zambia and reflects the country’s […]
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
We have developed profiles for all our key sectors meant to give investors insights, essential studies and analysis into Zambia’s, markets, and opportunities.