Ministry of Technology and Science, Felix Mutati, has emphasized the potential for high returns on technology investments in Zambia.
He was speaking at a private sector engagement held on the sidelines of the 79th session of the United Nations General Assembly in New York, USA.
The Minister appealed to the private sector to invest in Zambia, adding that the country has energy deficits and is seeking investments to generate and transmit power.
The meeting discussed Zambia’s focus is on digital inclusion, artificial intelligence, and ICT infrastructure, with significant investments already made in these areas.
The private sector were invited to attend the Digital Government Summit, which will take place in Lusaka from 2nd to 4th October 2024.
In the same meeting, Zambia Development Agency (ZDA) Director General, Albert Halwampa, highlighted Zambia’s strategic location, stable political environment, and investment opportunities in sectors like e-mobility, energy, and agriculture.
Mr. Halwampa also emphasized Zambia’s stable exchange rate, political stability, and commitment to international agreements, making it a secure investment destination.
Zambia’s Permanent Representative to the United Nations, Dr Chola Milambo, Information and Communications Technology Authority (ZICTA) Director General, Choolwe Nalubamba and other senior government officials attended the meeting.
This is contained in a statement issued to RCV News in Lusaka today by First Secretary Press and Public Relations at Zambia’s Embassy in New York and Permanent Mission of Zambia to the United Nations, Namatama Njekwa.
Angel Kasabo
