Zambia is viewed as a top investment destination in Africa by the Canadian Government, attributed to its political stability and economic prospects. Canadian officials propose a trade mission to explore investments, while Zambia’s Minister discusses mining sector initiatives to attract foreign investment.
Zambia has been recognized by the Canadian Government as one of the most attractive investment destinations within Africa. According to Rob Oliphant, Parliamentary Secretary to Canada’s Minister of Foreign Affairs, several factors contribute to this assessment, including Zambia’s political stability, strong governance, and significant economic potential.
During a bilateral meeting with Zambia’s Foreign Affairs Minister, Mulambo Haimbe, on the sidelines of the Commonwealth Ministerial Action Group meeting in London, Mr. Oliphant expressed interest in organizing a Canadian trade mission to explore investment opportunities in Zambia. Such a mission seeks to enhance exposure between Canadian businesses and the Zambian market.
Minister Haimbe reaffirmed Zambia’s dedication to creating a conducive investment environment. He also briefed the Canadian delegation on Zambia’s initiatives to attract investment in the mining sector, particularly a new high-resolution geophysical survey designed to identify mineral-rich regions for exploration. This information was provided in a statement from Eva Chanda, the Principal Public Relations Officer of the Ministry of Foreign Affairs.
In summary, Zambia’s appeal as a prime investment destination is underscored by its political stability, good governance, and economic potential. The proposed Canadian trade mission and Zambia’s proactive initiatives in the mining sector further exemplify its commitment to attracting international investment. These developments highlight Zambia’s strategic importance in the African investment landscape.
Original Source: znbc.co.zm
