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Zambia: An Attractive Investment Destination for Canada

The Canadian Government considers Zambia a top investment choice in Africa, crediting its political stability, governance, and economic prospects. A Canadian trade mission is proposed to explore investment opportunities. Zambia is actively investing in its mining sector through strategic surveys.

Zambia is emerging as a prime investment destination in Africa according to the Canadian Government. Rob Oliphant, Parliamentary Secretary to Canada’s Minister of Foreign Affairs, highlighted Zambia’s political stability, good governance, and economic potential during a meeting with Zambia’s Foreign Affairs Minister, Mulambo Haimbe in London.

Oliphant proposed the establishment of a Canadian trade mission to Zambia, encouraging Canadian businesses to explore investment opportunities within the country. In response, Minister Haimbe reiterated Zambia’s dedication to creating a conducive investment climate.

Additionally, Minister Haimbe informed the Canadian delegation about Zambia’s proactive measures to attract investments in the mining sector. This includes a recently initiated high-resolution geophysical survey to pinpoint mineral-rich areas for future exploration. The details were communicated through a statement by Eva Chanda, Principal Public Relations Officer of the Ministry of Foreign Affairs.

Zambia’s status as an attractive investment location is reinforced by its political stability and economic prospects. The proposed Canadian trade mission aims to enhance business relations, while Zambia’s initiatives in the mining sector showcase its commitment to attracting foreign investment. Oliphant and Haimbe’s discussions signal potential growth in bilateral trade and investment opportunities.

Original Source: znbc.co.zm

Clara Lopez

Clara Lopez is an esteemed journalist who has spent her career focusing on educational issues and policy reforms. With a degree in Education and nearly 11 years of journalistic experience, her work has highlighted the challenges and successes of education systems around the world. Her thoughtful analyses and empathetic approach to storytelling have garnered her numerous awards, allowing her to become a key voice in educational journalism.

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