Economy

Zambian delegation attracts strong investor interest at mining Indaba, says finance minister, Musokotwane

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Zambia’s rich mineral resources have reportedly attracted a surge of prospective investors seeking side-line meetings with the country’s delegation at the ongoing Investing in African Mining Indaba 2025 in South Africa.

Finance and National Planning Minister, Situmbeko Musokotwane, said Zambia’s delegation had been the busiest at the Indaba, as investors sought to understand the country’s business landscape and mining opportunities.

In a statement issued Thursday, Musokotwane said his team had been engaging various mining investors, with his primary role being to assure them of government support.

“The government has vast mining assets in Zambia that have drawn interest from various stakeholders. We are here to link prospective investors to these opportunities,” he said.

He added that some investors already operating in Zambia were exploring expansion, with discussions focusing on critical minerals and mineral diversification.

Meanwhile, Mines and Minerals Development Minister, Paul Kabuswe, emphasized the importance of collaboration among African nations to drive sustainable mining and economic transformation.

“Africa is rich in natural resources that other continents lack. The Mining Indaba provides a platform for countries to collaborate, aligning with President Hakainde Hichilema’s vision of strengthening intra-African trade,” Kabuswe said.

The event highlights Africa’s commitment to attracting investment in its mining sector, with key stakeholders discussing the industry’s future.

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