Zambia and Canada have reaffirmed their commitment to deepening economic and diplomatic relations, with both nations exploring new investment opportunities. Canada has identified Zambia as a prime destination for investment in Africa, citing its political stability, governance track record, and economic potential.
During a bilateral meeting in London, Zambia’s Minister of Foreign Affairs and International Cooperation, Hon. Mulambo Haimbe, S.C., MP, met with Hon. Rob Oliphant, Parliamentary Secretary to the Canadian Minister of Foreign Affairs. Discussions focused on expanding trade and investment, particularly in mining and agro-processing—sectors that align with Zambia’s economic development agenda.
Canada has launched a one-stop Africa trade hub to facilitate business engagements between Canadian companies and African markets. The initiative aims to streamline trade processes and boost economic collaboration. Hon. Oliphant proposed a Canadian trade mission to Zambia to give Canadian businesses firsthand exposure to investment prospects. He also suggested a reciprocal mission for Zambian companies and officials to explore opportunities in Canada and engage with potential investors.
Hon. Haimbe welcomed Canada’s interest in strengthening trade relations and reaffirmed Zambia’s dedication to ensuring partnerships that benefit both countries. He highlighted Zambia’s ongoing efforts to attract investment in mining, including a high-resolution geophysical survey designed to identify mineral-rich areas and accelerate exploration projects. He assured Hon. Oliphant that Zambia remains committed to maintaining an investor-friendly environment with a transparent and stable regulatory framework.
