Musokotwane tasks Zambian delegation at AfDB annual meetings to attract investments


Finance and National Planning Minister, Situmbeko Musokotwane, has tasked government officials to intensely engage investors and attract interest towards the prevailing investments opportunities in Zambia.

Musokotwane was keen to ensure officials attending the 2024 annual meetings of the African Development Bank (AfDB) Group in Nairobi put more effort in attracting investment.

He is targeting investments in mining, agriculture production, green economy and alternative energy sources and tourism development, among others.

“Our focus will be to attract investments which will create jobs for our people and produce mutual wealth benefits for investors and the nation. To do so, we have to make business easy for all, including our fellow citizens.

“We should get rid of tedious procedures when investors positively react to our promotional efforts, especially that, when we come to these international meetings, we lobby for interest from the same investors that other countries which also are present here lobbying – just as we are doing,” he said.

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Apart from the Statutory and obligatory meetings of the AfDB, the Minister and his team would hold targeted bilateral engagements with top-level AfDB leaders.

Other engagements would be with ministerial delegations from Botswana, Kenya, Malawi, Mauritius, and the United States Treasury.

The rest would span from engagements with the President of OPEC to Africa 50, Africa Trade and Investment Development Insurance (ATIDI) and others.

The delegation would also attend and participate in various knowledge events on continental and global affairs.

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