Overview of best prospect sectors, major infrastructure projects, significant government procurements and business opportunities.
Last Published: 11/7/2017
  • There are a number of commercial opportunities in Zambia’s emerging economy, including a rising middle class in urban population centers.  In general, most sectors are uncompetitive and are dominated by a few large players, leaving plenty of room for new market entrants.  Market opportunities abound in the following sectors:

  • Energy:  Demand for electricity has been growing at an annual rate of about 3% and generation development is starting to grow.  Investment opportunities include electricity generation, upstream and downstream petroleum, and renewable energies.  Demand for renewable energies has grown significantly.  Solar projects under private-public partnerships are ripe for development.

  • Infrastructure:  Building and construction is the largest industrial sector.  Zambia has a national housing deficit of 1.3 million.  Opportunities in the sector are led by demand in the mining industry, infrastructure development, residential buildings, and offices.

  • Mining:  Zambia is the second largest copper producer in Africa and seventh largest in the world.  Foreign Direct Investment (FDI), since privatization, totals more than $8 billion.  Opportunities exist in exploration, mine services, water management, engineering, construction, and environmental services.

  • Agriculture:  The government is developing new farm block areas in all 10 provinces for large commercial farms.  Opportunities exist in large-scale farming, farm input and agro-processing, equipment supply, and commodity storage and trading.

  • Manufacturing:  The government is developing a series of Multi-Facility Economic Zones (MFEZ) and Industrial Parks (industrial areas for both domestic and export orientated industries) to attract domestic and foreign direct investment.  Opportunities include agro processing (food and beverages), textiles and leather, secondary processing of minerals, chemical products, electricity construction materials, and wood products.  Investment incentives are available for priority sectors or investment in MFEZ.

  • Information & Communication Technology (ICT):  The ICT sector has seen growth as government has embarked on reforms and formation of an ICT policy.  Opportunities include provision of retail fiber optic, mobile and internet service providers, software development, and ICT parks.

  • Tourism:  Zambia shares the world famous Victoria Falls, one of the Seven Natural Wonders of the World, with Zimbabwe.  Zambia boasts 20 national parks and 34 game management areas.  There are opportunities in tourism services and infrastructure as Zambia lacks adequate hotel room capacity, tourism operators, and transportation infrastructure in its tourism and copper producing regions.

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Zambia Trade Development and Promotion