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Reading: Zambia Seeks Stronger Ties with Diaspora for Economic Growth
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The Africa Daily Post > Diaspora > Zambia Seeks Stronger Ties with Diaspora for Economic Growth
DiasporaSouthern Africa

Zambia Seeks Stronger Ties with Diaspora for Economic Growth

Adekunle Owolabi
By Adekunle Owolabi Published March 5, 2025 1 Min Read
Hon. Mulambo Haimbe at the 2025 IBEx Conference in Lusaka, emphasizing the role of diaspora investments in Zambia's economic growth.
Hon. Mulambo Haimbe at the 2025 IBEx Conference in Lusaka, emphasizing the role of diaspora investments in Zambia's economic growth.
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Zambia is committed to working closely with its diaspora community to drive economic growth through investment. Speaking at the 2025 International Business Exchange (IBEx) Hybrid Conference at Taj Pamodzi in Lusaka, Hon. Mulambo Haimbe, the Minister of Foreign Affairs and International Cooperation, stressed the importance of collaboration between the government, local businesses, and Zambians living abroad.

The conference, themed “Redefining Diaspora: Connecting Businesses and Unlocking Zambia’s Economic Potential,” aimed to connect Zambian entrepreneurs with international investors to boost investment and introduce new business ideas.

Hon. Haimbe highlighted that investments from Zambians abroad could have a profound impact, with every $1 million invested potentially creating up to 200 jobs. To encourage further investment, the Minister outlined plans for improved incentives for investors, stronger partnerships with the private sector, and greater access to digital and financial services.

He also commended IBEx for providing a space for businesses to connect and for raising Zambia’s profile as an investment destination.

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Adekunle Owolabi
By Adekunle Owolabi
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Adekunle, a seasoned journalist renowned for his astute coverage of global affairs, has honed his craft across diverse newsrooms in Lagos, Johannesburg, and Abu Dhabi. Adept at navigating the complexities of political and international diplomacy, he consistently delivers insightful analysis and accurate reporting, earning him recognition as a trusted voice in the field
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