Economy

President Hichilema reaffirms commitment to investor-friendly environment, as he receives Dangote

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President Hakainde Hichilema has reaffirmed his government’s commitment to maintaining a stable, transparent, and investor-friendly environment that enables the private sector to thrive.

The President said Zambia was implementing comprehensive reforms across various sectors of the economy to promote a favorable and predictable investment climate.

He noted that these reforms were strategically aligned with Zambia’s land-linked position, which connects the country to nine neighbors — positioning it as a natural hub for regional trade and industrial collaboration.

President Hichilema made the remarks in a post on his official Facebook page following a meeting with Aliko Dangote, Chairman of the Dangote Group of Companies, at State House on Wednesday.

“We extend our sincere congratulations to Mr. Dangote for his remarkable achievements and exemplary leadership in African enterprise. His success story stands as a testament to the power of vision, determination, and the boundless potential of the African continent,” President Hichilema said.

He added that their discussions focused on expanding the Dangote Group’s investments in Zambia, particularly in the energy sector, with the goal of fostering job creation, industrial growth, and economic diversification.

“Zambia welcomes such partnerships that align with our national development agenda and contribute to sustainable progress,” he said.

President Hichilema further emphasized the importance of continued collaboration with the Dangote Group to unlock new opportunities for Zambians and to strengthen Africa’s collective pursuit of prosperity and self-reliance.

He also expressed optimism about strengthening partnerships with German enterprises, noting that Zambia aims to translate ongoing engagements into tangible investments that will drive innovation, energy diversification, and sustainable economic growth for the mutual benefit of both countries.

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