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The Zambia Development Agency (ZDA) has signed an agreement with Impero Presa Investment, an Emirati-Italian investment and project management group with operations in the United Arab Emirates, Italy, and across Africa.
The agreement sets a framework for cooperation to deliver multi-sector investments aimed at contributing to Zambia’s sustainable economic growth and development.
Key focus areas include mining—covering exploration and extraction of ferrous and non-ferrous minerals—oil and gas development, and renewable and conventional energy solutions such as solar, hydro, thermal, and wind.
The partnership will also cover education, with emphasis on student accommodation; logistics and construction; agriculture, particularly irrigation projects to counter persistent droughts; and infrastructure development, including road, rail, and airport facilities.
Impero Presa Investment will allocate capital to Zambia, ensure projects comply with international best practices and local laws, create employment opportunities, and undertake corporate social responsibility initiatives.
Speaking at the signing ceremony in Lusaka on Wednesday, ZDA Director General Albert Halwampa said the partnership aligns with Zambia’s strategy to attract foreign direct investment, create jobs, and strengthen key sectors for inclusive growth.
“ZDA, on its part, will facilitate smooth project implementation, assist with licensing and permits, coordinate with government ministries and agencies, secure regulatory clearances, and promote trade and investment cooperation,” Halwampa said.
He added that Zambia remains the region’s investment destination of choice, citing President Hakainde Hichilema’s leadership, consistent pro-investment reforms such as the Public-Private Dialogue Forum (PPDF) and Presidential Delivery Unit (PDU), as well as government efforts to remove bottlenecks.
“Zambia’s stable macroeconomic fundamentals, reinforced by debt restructuring and other interventions, have enhanced investor confidence and improved access to affordable credit,” he said.
Halwampa also underscored Zambia’s strategic geographic position as a regional hub with access to markets in the Southern African Development Community (SADC), COMESA, and the African Continental Free Trade Area (AfCFTA).
Meanwhile, Impero Presa Investment Chief Project Officer Mohamed Elbnna expressed the company’s commitment to expanding its footprint in Zambia, particularly in energy, agriculture, and other growth sectors.
He said the partnership would unlock transformative investments to support Zambia’s long-term development.
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