Zambia is a country in southern Africa. It is land-linked, being surrounded by eight other countries: Democratic Republic of Congo, Angola, Namibia, Botswana, Zimbabwe, Mozambique, Malawi and Tanzania. Prior to independence on October 24, 1964, the territory now called Zambia known as Northern Rhodesia. It became a Republic after gaining independence from British rule in 1964 and Kenneth Kaunda, who was Prime Minister became the country’s first Republican President. His Excellency Mr Hakainde Hichilema is Zambia’s 7th and current President after Mr Edgar Lungu (2015 – 2021), Mr Michael Sata (2011 – 2015), Mr Rupiah Banda (2008 – 2011), Mr Levy Patrick Mwanawasa (2001 – 2008), and Mr Frederick Jacob Titus Chiluba (1991 – 2001).

Zambia boats of diverse wildlife, with many parks and safari areas. It is home of one of the seven wonders of the world, the Mighty Victoria Falls, named after Queen Victoria by explorer David Livingstone. The Victoria Falls, locally known as Mosi-oa-Tunya or “Smoke That Thunders”, lies on the border with Zimbabwe – plunging a misty 108m into the narrow Batoka Gorge below. Spanning the Zambezi River just below the falls is Victoria Falls Bridge, a spectacular viewpoint. 

The country’s central location in the region, among other strengths makes it an ideal investment location. Zambia is the world’s seventh largest producer of Copper (2018 record) and holds six percent of the world’s known Copper reserves. Copper and Cobalt, the country’s traditional exports, account for well over 70 percent of export earnings. Zambia’s Copper mines are concentrated in the Copperbelt and North-Western provinces.

Other mineral endowments include Gold, Zinc, Lead, Iron Ore, Manganese, Nickel, Feldspar, sands, Talc, Barite, Apatite, Limestone, Dolomite, Uranium, Coal, and gemstones (e.g. Diamonds, Emeralds, Aquamarine, Topaz, Opal, Agate and Amethysts). Zambia produces over 20% of the world’s Emeralds with unutilized capacity to increase its production. This extensive range of mineral resources, including a variety of industrial minerals and energy resources such as Uranium, Coal and hydrocarbons present excellent investment opportunities especially in the area of extraction and processing of these minerals.

Other areas open for investments are in Tourism, Manufacturing, and agriculture.

For a comprehensive investment information visit the Zambia Development Agency website by clicking on the link in the quick links on this site.

Dialing code: +260

Currency: Zambian Kwacha 

Official language: English