ZAMBIA SET FOR PRIVATE SECTOR BOOM AS AFDB BUILDS INVESTMENT PIPELINE

AfDB launches a 12-month investment drive to boost Zambia’s private sector growth and job creation.

Zambia Afdb Private sector investment Job creation Industries Development.
AfDB launches12-month investment drive to boost Zambia’s private sector
AfDB launches12-month investment drive to boost Zambia’s private sector




The African Development Bank (AfDB) is positioning itself as a key catalyst for Zambia’s next wave of private sector growth, unveiling plans to deploy its full suite of financing tools to unlock investment in critical industries.

Speaking at the inaugural Invest in Zambia International Conference (IZIC), AfDB Regional Head for Private Sector Operations in Southern Africa, Bleming Nekati, stated that the bank is partnering with the Zambian authorities to fast-track transformative projects over the next 12 months.

“We are now well on our way to building a strong, diversified, and impactful pipeline of private sector operations in Zambia for delivery over the next 12 months and beyond,” Nekati said, adding that the goal is to drive innovation, attract capital, and create sustainable jobs.

The high-level session, themed "Catalysing Private Sector Growth: Unlocking AfDB’s Financing Toolkit in Zambia," highlighted the bank’s non-sovereign financing arsenal, including loans, equity investments, trade finance, guarantees, and blended finance solutions.

Sector experts outlined high-potential opportunities in agriculture, transport, and industry, underscoring Zambia’s push to court private investment as a driver of inclusive economic transformation.

The AfDB’s renewed focus comes at a time when Zambia is intensifying efforts to diversify its economy, reduce dependency on traditional sectors, and create a more competitive business environment for both local and international investors.

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