Implementation key to success of MoUs, Economic Association of Zambia tells Zambia, Ghana

The Economic Association of Zambia (EAZ) has welcomed the recently signed agreements between Zambia and Ghana, stressing the importance of implementation to ensure the expected economic benefits for both countries.

EAZ National Secretary of Economics, Dr. Nicholas Mainza, said in a statement issued on Saturday that while signing Memoranda of Understanding (MoUs) was an important milestone, meaningful progress would only come through actual execution.

“We shouldn’t just be signing MOUs and frameworks but then we must move into implementation,” Mainza emphasized.

He noted that the proposed agreements cover key sectors such as agriculture, mining, and visa liberalization—areas he said had strong potential to spur economic growth and job creation.

Mainza expressed optimism that Zambia and Ghana could meet their development goals through enhanced cooperation and mutual support, especially given their natural resources and human capital.

“Implementation is key to success, and we urge leaders to turn agreements into tangible outcomes,” he said.

He added that Zambia and Ghana were among the continent’s best-performing economies, and deeper collaboration was expected to boost growth and promote regional prosperity.

Mainza said the successful execution of the agreements would enable both countries to expand economically, grow in global stature, and become emerging powerhouses on the African continent.

Zambia and Ghana recently strengthened their bilateral relations through the signing of 10 MoUs aimed at enhancing cooperation across multiple sectors.

The agreements were concluded during Ghanaian President John Mahama’s high-level visit to Zambia and cover priority areas including trade, investment, energy, tourism, mining, agriculture, education, science and technology, youth development, and defence cooperation.

Among the key outcomes, the two countries agreed to abolish visa requirements for travellers, a development expected to boost people-to-people exchange, trade, and tourism.

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