Zambia Development Agency

Did you know? 🌟 A Multi-Facility Economic Zone (MFEZ) or Industrial Park is a designated area where industrial and commercial activities thrive, supporting both export and domestic industries. To become fully operational, these zones need essential infrastructure to attract and facilitate investments. This includes: ·      Power and water supply ·      Waste disposal systems ·      Telecommunication networks ·      Security and other utilities ·      Internal roads and common facilities ·      Off-site infrastructure like access roads and utility connections These elements are crucial for creating a conducive environment for businesses to flourish!   #InvestInZambia #EconomicGrowth #MFEZ #IndustrialPark

Did you know? 🌟   The Zambia Development Agency (ZDA) investment license offers a range of tax and non-tax incentives to boost your business! Here’s a quick rundown: Tax Incentives: Zero percent import duty on capital equipment and machinery for five years. Accelerated depreciation on capital equipment and machinery. Non-Tax Incentives: Investment guarantees and protection against state nationalization. Free facilitation for immigration permits, secondary licenses, and land acquisition. Business and partnership linkages facilitation. Investment advisory on Zambia’s investment climate, regulatory regime, and opportunities. Unlock these benefits and more with a ZDA investment license!  #InvestInZambia #BusinessGrowth

The Zambia Development Agency, in its quest to actualise committed investments, engaged with China Datang to handhold them in the actualization of several MOUs signed with ZESCO during the visit to the Forum on China Africa Cooperation (FOCAC) in China by His Excellency Mr. Hakainde Hichilema, President of the Republic of Zambia. Director General Albert Halwampa highlighted various incentives under the Investment, Trade, and Business Development (ITBD) Act, including the robust Investment Promotion and Protection Agreement (IPPA), and other legislations. He outlined the benefits of registering with ZDA. China Datang and ZESCO already have a collaborative framework agreement to develop energy projects across Zambia to counter the power deficit. The specific MoUs signed during the FOCAC included an MOU for a 200 MW renewable energy project. Last month, they expanded their commitment with another MoU for an additional 1.0 GW, bringing the total to 1.2 GW. The first 200 MW project solar plant will be located in Itezhi Tezhi, Choma, and Kasama. The 1.0 GW project will feature a mix of solar and wind energy, with details still being finalized. Datang Corporation Limited is one of the five large-scale power generation firms in China. Stay tuned for more updates on this exciting project. #InvestmentPromotion #EnergySector #ZDA

ZDA and China De Jin Xin Limited Sign IPPA for US$170 Million Cement Plant The Zambia Development Agency (ZDA) recently signed an Investment Promotion and Protection Agreement (IPPA) with China De Jin Xin Limited for construction of a US$170 million cement plant in Chilanga District. At the signing ceremony, ZDA Director General Albert Halwampa expressed satisfaction with project under which has already invested over US$70 million with more than 500 jobs created during the construction phase. Mr. Halwampa assured the investor of the Agency’s continued support, including aftercare services, resolving bottlenecks, and guiding them throughout their investment journey. He encouraged the company to cater to both local and international markets, highlighting Zambia’s strategic position as a regional trade and investment hub. Mr. Halwampa highlighted the unprecedented inflow of investments, attributing it to the country’s good leadership and clear vision for promoting trade and investment. He also emphasized Zambia’s peaceful environment and predictable policies, which are attractive to investors. He urged the investors to continue and expand their investment, given the conducive investment climate. China De Jin Xin Limited’s Executive Director, Mr. Zhao Jianbao, revealed that the company is investing US$170 million in the cement manufacturing plant, which will create 1,000 jobs during construction and 500 permanent jobs once operational. He praised the government for the favourable investment environment and the IPPA, which reassures them of the safety of their investment. Mr. Jianbao also thanked the ZDA and other government departments for their support. The IPPA was signed on Friday, November 16, 2024, at the cement plant site in Chilanga. Chilanga at the site for the cement plant on Friday 16th November 2024.

Kenya - Zambia Host Trade Expo in Lusaka The Zambia Development Agency is participating in the Kenya-Zambia Trade Expo hosted by the Kenya National Chamber of Commerce and Industry (KNCCI) and the Zambia Chamber of Commerce and Industry (ZACCI). Minister of Commerce, Trade, and Industry, Hon. Chipoka Mulenga officially opened the event which emanated from a meeting between the two Heads of State for Zambia and Kenya at the 24th Common Market for Eastern and Southern Africa (COMESA) Summit in October 2024. Hon Mulenga, represented by the Permanent Secretary of the Minister of Commerce, Trade, and Industry Ms. Lillian Bwalya, highlighted key trade statistics between the two nations. These included agricultural products namely soybeans, corn and raw sugar valued at about US$51.7 million based on 2022 statistics. While Kenya’s major exports to Zambia include margarine valued at USD 5.61 million, processed tobacco at USD 5.2 million, and raw plastic at USD 3.29 million. Meanwhile, Mrs. Christabel N. Reinke, the Vice President of the Zambia Chamber of Commerce and Industry (ZACCI), underscored the growing recognition of intra-Africa trade and cooperation as key drivers of economic growth and development across the continent. Mrs Reinke emphasized that the Kenya-Zambia Forum was an important platform to strengthen and build enduring partnerships between the two nations. Notables at the event were the Zambian High Commissioner to Kenya H.E. Alfred Musemuna and Kenyan High Commissioner to Zambia H.E. Lilian Tomitom and Dr. Erick Rutto, President of the Kenya National Chamber of Commerce and Industry. In addition, an MOU was signed between KNCCI, ZACCI, Nairobi KNCCI and Lusaka Chamber of Commerce. The expo was organised by KNCCI and ZACCI and ran from 18th to 20th November 2024 in Lusaka

ZDA Engages Stakeholders in Northwestern Province The Zambia Development Agency (ZDA) recently visited stakeholders in Northwestern Province to announce the opening of its new office in the region. The ZDA office, which opened on August 1, 2024, is located at the Solwezi Business Regulatory Center within the Solwezi Municipal Council Building. The delegation, led by Director of Business Development Mr. Gabriel Musentekwa, included Regional Coordinator Mr. Andrew Hachibe and Business Development Officer Ms. Jedidah Kangungu. The team met with both government and private sector stakeholders, including the Northwestern Provincial Administration Office, the Ministry of Labour, the Office of the Mayor of Solwezi District, the Angolan Embassy, the National Pension Scheme Authority (NAPSA), the Northwestern Regional Immigration Offices, the Zambia Revenue Authority (ZRA), the Zambia Environmental Management Agency (ZEMA), the Consumer Competition and Protection Commission (CCPC), the Citizen Economic Empowerment Commission (CEEC), the Zambia Compulsory Standards Agency (ZCSA), the Workers Compensation Fund Control Board, and the Northwestern Chamber of Commerce and Industry. These courtesy calls fostered renewed opportunities for partnerships and strengthened relationships with key stakeholders, paving the way for future collaboration in promoting investment, trade, and business development in the province.

Lighting Up a Greener Zambia! The Zambia Development Agency (ZDA) participated in the Scenario-Based Smart Photovoltaic (PV) Summit themed “Lighting Up a Greener Zambia” on November 15, 2024, in Lusaka. The summit presented an opportunity to gain industry insights, build collaborations in PV and Battery Energy Storage Systems (BESS), and network with industry leaders across Zambia. ZDA Director General Albert Halwampa highlighted that last year’s dry spell opened up investment opportunities to diversify Zambia’s energy mix. He encouraged investors to leverage Zambia’s peaceful and conducive business environment, which ensures the safety of investments. Mr. Halwampa also shared the government’s ambitious plan to create an additional 10,000 MW of power in the next decade, supported by investor-friendly reforms. The summit, supported by Power China, Huawei, and Longi, saw several Memoranda of Understanding signed to strengthen partnerships in the energy sector. The event was graced by Mr. Peter Mumba the Permanent Secretary of the Ministry of Energy as the guest of honour. #SmartPVSummit #GreenZambia #ZDA #RenewableEnergy #SustainableFuture #EnergyInnovation

The Zambia Development Agency, in collaboration with the Zambia Public Procurement Authority, is thrilled to deliver hands-on training on “How to Bid for Government Tenders” right in the heart of Copperbelt Province! 🗓 When? November 18th - 30th, 2024 📍 Where? 10 Districts: Chililabombwe, Chingola, Mufulira, Kalulushi, Lufwanyama, Kitwe, Luanshya, Ndola, Masaiti, and Mpongwe. This initiative is designed to empower local businesses with the skills and insights needed to successfully participate in government contracts, especially under the Constituency Development Fund (CDF). Don’t miss this opportunity to enhance your business capabilities and contribute to our community’s growth! #ZambiaDevelopmentAgency #GovernmentTenders #BusinessGrowth #CopperbeltProvince #CDF

Zambia and Eswatini Sign MoU to Expand Investment and Trade Relations Lusaka, 14th November 2024 - The Zambia Development Agency (ZDA) and the Eswatini Investment Promotion Authority (EIPA) have signed a Memorandum of Understanding (MoU) to develop stronger business relations. The agreement further sets forth the procedures of cooperation for the expansion of investment and trade relations between Eswatini and Zambia, strengthening institutional relations and capacity building through mutual cooperation. The areas of cooperation include among others investment, trade promotion and facilitation, exchange of information on trade, investments, incentives, policies, regulations and investment opportunities. The two institutions will also encourage and support the exchange of technical expertise, knowledge and training opportunities, facilitate linkages of exporters from each other’s country to buyers in the local markets and encourage linkages and partnerships between SMEs from both countries. In addition, ZDA and EIPA will work together in organising business missions related to trade and investment, participate in exhibitions, meetings and conferences and cooperate in implementing a sustainable strategy for a variety of capacity-building and development activities of common interest. Speaking during the MoU signing, ZDA Board chairperson Biemba Maliti urged the two parties to come up with a clear strategy to implement the memorandum of understanding. Professor Maliti stated that ZDA and EIPA need to work together to promote investment and skill transfer for the development of key economic sectors in both countries. He noted that both countries are endowed differently and working together could help grow the industries in both countries. “We can enhance our bilateral trade agreements to provide better incentives for private sector engagement through initiatives such as investment summits, trade missions, and establishing clear guidelines for cross-border investments will help attract mutual investment,” he said. Meanwhile, ZDA Director General Albert Halwampa was resolved that the signing of the MoU is a symbol of commitment to strengthen efforts to improve trade and investments between the two countries and the region. He expressed commitment to execute the Memorandum of understanding for the mutual benefit of the two nations.   EIPA Board Chairperson Theo Hlophe said the MoU signing was a great millstone for both countries and urged that the emphasis of the interactions should be country to country and not Agency to Agency. Mr. Hlophe stated that the two countries should take advantage of their geographic location as land-linked countries to trade and invest in each other’s countries. And EIPA Sibani Mngomezulu Chief Executive Officer shared the mandate of the authority and expressed the need for the two institutions to learn from each other and work together for the greatness of the two countries.

ZDA and CEEC Forge Partnership to Empower SME's The Zambia Development Agency (ZDA) and the Citizens Economic Empowerment Commission (CEEC) have signed a Memorandum of Understanding (MoU) to support Small and Medium Enterprises (SMEs). This agreement establishes a formal basis for collaboration in providing financial and non-financial Business Development Services (BDS) to SMEs supported by both organisations. The MoU outlines several key areas where ZDA and CEEC will work together to empower SMEs including identifying and enrolling SMEs that show potential for growth in entrepreneurship development programs designed to equip them with the skills and resources needed to thrive. Speaking at the MoU signing, ZDA Director General Albert Halwampa said the MoU marks a pivotal step in addressing these challenges through the provision of both financial and non-financial support to MSMEs across Zambia. Mr. Halwampa said the agreement will create a formal framework for collaboration that will enable both organizations to complement each other's strengths in providing comprehensive Business Development Services (BDS) to MSMEs. “Together, we will help unlock the full potential of local businesses, which will help them grow into big businesses,” stated Mr. Halwampa. CEEC Director General Dr. Muwe Mungule noted that the partnership represents a significant step towards empowering SMEs and Cooperatives, fostering economic growth and ensuring sustainable development in Zambia. Dr. Mungule said funded SMEs and Cooperatives will be facilitated to establish market linkages with upscale local supermarkets and regional markets such as COMESA which will help them expand their market reach and increase their competitiveness. He highlighted the long-awaited collaboration between the two government agencies, which he described as strategically significant. He added that combining their efforts would lead to more effective outcomes for MSMEs countrywide. The MOU was officially signed at ZDA’s headquarters, by the two Chief Executives of ZDA and CEEC, witnessed by their management.