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Zambia is bracing itself to be the main supplier of the much needed critical raw material in the electric vehicles industry with the coming of green transitioning, says country’s Ambassador to Belgium, Sylvester Mundanda.
Mundanda pointed out that this was because Zambia was endowed with most of the raw materials needed to develop this sector such as Copper, Cobalt, Manganese and Lithium.
Mundanda was also Zambia’s Ambassador to Netherlands and Luxembourg (BENELUX).
He was speaking at a meeting with the Chamber of Commerce, Industry and Agriculture Belgium and Luxembourg-Africa Caribbean and Pacific (CBL-ACP) President DIRK Verbeke, at the Zambian Embassy in Brussels on Saturday.
“Zambia is serious with developing the value chain in critical raw materials, it will host an international critical raw materials experts meeting in November this year,” he said.
He also told the delegation that Zambia was interested in collaborating with the chambers of commerce to forge partnerships.
He stressed that the private sector was the engine of development in every economy.
“Zambia wants to forge private sector partnerships through chambers of commerce in order to link businesses.
“Zambia is interested to collaborate with the chambers of commerce to forge Private Private Partnerships and Private Public partnerships,” Mundanda said.
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He told the delegation that Zambia was promoting the private sector to drive its economic development agenda and created opportunities for all its citizens.
The Ambassador stated that Zambia was also exploring the possibility of linking its Chambers of Commerce, Agriculture and Health Research Institutions through Memoranda Of Understanding (MoU) through such initiatives,
Mundanda pointed out that Zambia was looking for partnerships that would help promote investment in pharmaceuticals, transport, technology, construction, energy and water development.
Meanwhile, CBL-ACP president DIRK Verbeke said the chambers of commerce had worked with several African Countries to promote investment opportunities and partnerships.
Verbeke said the CBL-ACP had more than 150 members consisting of large, medium and small enterprises in Transport, Technology, Banking and Construction sectors and are looking to double this number within the next few years.
“The Chamber of Commerce is open to the idea of linking the Zambia Chambers of commerce with the CBL-ACP through an MOU.
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