ZAMBIA ACTUALIZES US$14.71 BILLION IN INVESTMENTS OVER FOUR YEARS

Zambia Development Agency (ZDA) has announced that the country has recorded US$14.71 billion in actualized investments over the past four years, drawn from committed investments amounting to US$89.31 billion recorded between 2021 and 2025.

Agency Director General Albert Halwampa, said the US$14.71 billion represents investments confirmed by 779 companies out of 2,065 firms that were contacted during the verification exercise.

Speaking during an end-of-year media briefing in Lusaka, Mr. Halwampa emphasized that the US$14.71 billion worth of investments is not conclusive, as it only represents 779 companies that were able to confirm their level of investment actualization out of over 2,065 firms registered during the period under review.

Mr. Halwampa attributed the increase in actualized investments to sound and consistent government policies, as well as stable macroeconomic and fiscal fundamentals.

He noted that the manufacturing sector recorded the highest level of actualized investments at US$5.54 billion, accounting for 37.67 percent, seconded by mining with US$5.07 billion or 34.45 percent. Transport attracted US$1.53 billion, representing 10.38 percent, while the services sector recorded US$926.67 million, equivalent to 6.3 percent.

Other sectors included agriculture, which recorded US$614.72 million or 4.18 percent, energy at US$345.05 million representing 2.35 percent, ICT with US$299.22 million or 2.03 percent, and tourism with US$180.68 million, accounting for 1.23 percent.

“Other sectors, including Construction, Real Estate, and Health combined, recorded US$208.81 million, representing 1.42%,” he added.

Mr. Halwampa further disclosed that Lusaka Province accounted for the largest share of actualized investments, valued at US$7.29 billion or 49.57 percent, while North-Western Province followed with US$3.19 billion, representing 21.66 percent, with the Copperbelt Province recording US$2.92 billion or 19.85 percent.

“Other provinces combined accounted for US$1.31 billion, representing 8.92 percent. A total of 91,522 jobs were actualized against the committed 614,486 jobs from the 779 companies that responded,” Mr. Halwampa stated.

In terms of employment creation, he said the manufacturing sector led with 29,537 jobs, representing 32.3 percent, followed by mining with 21,003 jobs or 22.9 percent, while agriculture ranked third with 14,232 jobs, accounting for 15.6 percent.

Transport sector recorded 11,388 jobs, accounting for 12.4%, Energy had 6,026 or 6.6%, Services – 4,275 representing 4.7%, while other sectors, including Construction, Tourism, Real Estate, ICT, and Health combined, accounted for 5,061 jobs or 4.68%.

“The Government has restored investor confidence by prioritizing policy consistency, fiscal discipline, and transparency. These reforms have positioned Zambia as a competitive and reliable destination for global,” he noted.