Zambia’s High Commissioner to South Africa Emmanuel Mwamba is leading 25 investors from that country on a five-day trade and investment mission in Lusaka.
According to a statement issued by Zambia’s First Secretary for Press and Public Relations in South Africa Naomi Nyawali, the delegation’s main focus is in the Steel, Energy, Rail and Mining sectors and they are expected to hold meetings with government ministries and the private sector.
“Zambia’s High Commissioner to South Africa His Excellency Mr Emmanuel Mwamba who accompanied the Delegation says the delegation will also participate in the Zambia International Mining and Energy Exhibition conference that is billed for the Mulungushi Conference Centre on the 18th to 20th June. Mr Mwamba says the continued interest by the South African Government highlights the warm bilateral relations, and speaks volumes of the confidence that investors have in Zambia’s Economy, and its investment and trade environment,” Nyawali stated.
“He noted that this investment mission was one of the results of continued interaction by the Zambia High Commission in South Africa with South African Public and private Investors in an effort to raise Zambia’s investment profile under the framework of Zambia’s Economic Diplomacy policy. The Mission is organised by The Trade Invest Africa (TlA), a division of South Africa’s Department of Trade and Industry (the Dti) mandated to champion South Africa’s trade policy through an investment-led approach and to promote mutually beneficial trade and investment relations.”
Nyawali stated that the South African delegation comprised of the Export Credit Insurance Corporation (ECIC), the Development Bank of South African (DBSA) and the Industrial Development Corporation of South Africa (IDC).
“The inclusion of finance houses on Trade Missions will ensure that South African business engages with Zambia to deliver a complete solution that includes, goods, services, skills transfer, finance and investment,” stated Nyawali.