Zambia woos investors through impact investment summit


Impact investment is currently attracting investors from across the world to come and invest in Zambia in areas such as agriculture, renewable energy and financial technology.

This is according to Prospero’s Namaya Mbikusita-Lewanika in an interview on the side-lines of the 2023 Zambia Impact Investment Summit (ZIIS23) on Tuesday in Lusaka.

Mbikusita-Lewanika explained that the organization was out to identify and link Zambian Small and Medium Enterprises (SMEs) to investors while assisting them raise capital through models such as impact investment.

Read more: Investment summit reveals $125 million funding raised to support Zambia’s finance ecosystem

“The Zambia impact investment summit is important for us because it helps us drive the agenda of impact investment forward which is basically investment that has social returns, environmental returns but also commercial returns. There is a great willingness from investors to come in.

“We did a piece of research with the National Advisory Board for impact Investment looking at investor pinging, asking what they think about Zambia and what they want to invest and a number of them gave a positive response,” she said.

Mbikusita-Lewanika stated that the research established that there was a lot of interest, specifically in the areas of sustainable agriculture, renewable energy, Fintech, and health among others.

This, she said, meant that businesses needed to receive that investment but also ready to understand what that investment intended so that they too could find investors who fit in their programme.

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