Govt says global entrepreneurship network key in expanding Zambia’s businesses


The Global Entrepreneurship Network (GEN) is an important key stakeholder in developing Zambia’s Micro, Small and Medium Enterprise (MSME) sector, and Africa as a whole.

This was said by Small and Medium Enterprise Development Minister, Elias Mubanga, at the just-ended Global Entrepreneurship Congress GEC+ Africa 2024 in South Africa.

Mubanga noted that the conference played a pivotal role in fostering deeper cross-border collaboration and initiatives among entrepreneurs, investors, researchers, policymakers, and organisations supporting entrepreneurship.

The Minister described the conference as successful, providing a valuable platform for networking, sharing ideas and experiences.

Mubanga encouraged all participants at the conference to build partnerships and act in their own communities to support entrepreneurship.

Read more: Govt shopping for K10.3 billion to finance small businesses —Minister Mubanga

He expressed optimism about the strengthened collaboration between policymakers, investors, and entrepreneurs to strengthen support mechanisms for enterprise development.

“Let us continue collaborating and engaging beyond this summit and ensure what we discuss is implemented in our various countries.

“With partners such as yourselves, fellow line ministries and cooperating partners, we shall achieve success in growing our economies as we supplement each other’s efforts to create an enabling environment for the African MSMEs and cooperatives,” Mubanga said.

Meanwhile, His Royal Highness Chief Ishima Sanken’i VI of the Lunda people of Zambezi District in North Western Province called for mindset change and capacity building among traditional leaders.

The traditional leader noted that it was essential to fully harness the abundant natural resources within chiefdoms for the benefit of the rural communities.

Chief Sanken’i VI, who was a representative for the Chiefs Foundation for Rural Development Limited, called for increased partnerships with the government, the private sector and investors to facilitate the transformation of rural areas endowed with natural resources.

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