The abovementioned country’s long-term vision is universally accepted and is directed by medium-term plans. The current National Development Plan (7NDP) for the period 2017- 2021  aims to make Zambia  “a diversified and resilient economy for sustained growth and socioeconomic transformation driven, among others, by agriculture, tourism, manufacturing and mining”. The proper execution of the Plan already yields concrete and significant improvements:  the World Bank Doing Business Report ranked, in 2018, Zambia as part of the top 10 improvers .

Reasons to invest

A safe and stable country

Zambia is the safest country in continental Southern Africa. The political system is particularly stable: Zambia has never experienced successful coups d’etat.
10Top
Part of the 10 safest countries in SubSaharan Africa
Source : The Fund for Peace (2019)

A relative high income African country

Zambia, a lower-middle income economy, is a relatively well-developped Sub-Saharan African country.

GDP per capita (ppp, USD)
Source : World Bank

A business friendly environment

Zambia is a business-friendly country. The country belongs to the top 5 SubSaharan countries in terms of doing business.
5Top
SubSaharan country in terms of ease of Doing Business
Source : World Bank

Duty free access

Goods ``Made in Zambia`` benefit from preferential market access in many developed countries (U.S.A, European Union, China, Japan etc). In Africa, Zambian goods can be freely imported in 25 countries (South Africa, Egypt, Tunisia, Angola etc).
0%
In more than 70 countries, locally manufactured goods benefit from preferential entry conditions
Source : World Trade Organization (2019)

A profitable manufacturing industry

The profitability of the manufacturing sector attracts foreign investments: more than 50% of foreign investments were directed, in 2016, to the manufacturing sector. Investors can take advantage of facilities offered by multi-facility economic zones and industrial parks. Exports of manufactured goods account for 25% of total exports.
2nd
manufacturing industry in Southern Africa (amount of value added)
Source : World Bank

A performant agricultural sector

The relative high productivity of the local agricultural industry has made Zambia a persistent net exporter of agricultural goods. The availability of vast unutilised arable land makes possible the establishment of large and modern farms. Due to a cool and dry sub-tropical climate and the presence of considerable water resources, it is possible to produce throughout the year. While temperature is around 30°C in summer, the average winter temperature is between 6 to 12°C.

A net exporter of agricultural goods
Source : International Trade Centre

A world-class mining industry

Zambia was ranked as the second top destination for hotel developers in Africa in 2015 (source: African Hotel Report). Well-known hotelier groups (Carlson Rezidor Hotel Group, Marriott, Accor Hotels, South Africa’s Southern Sun, Protea Hotels, Sun International, Taj Hotels Palaces Resorts and Safaris ...) have made major investments in Zambia. In addition to having the potential of becoming a regional hub for the Meetings, Incentives, Conferences and Events (MICE) industry, the country also has a unique potential for tourism. Zambia is notably the home of the Victoria Falls -one of the Seven Natural Wonders of the World and UNESCO site-, 20 national parks, 34 game management areas and 23 million hectares of land devoted to the conservation of flora and fauna.
7th
largest copper producing nation in the world
Source : World Mining Data

A promising tourism sector

Zambia was ranked as the second top destination for hotel developers in Africa in 2015 (source: African Hotel Report). Well-known hotelier groups (Carlson Rezidor Hotel Group, Marriott, Accor Hotels, South Africa’s Southern Sun, Protea Hotels, Sun International, Taj Hotels Palaces Resorts and Safaris ...) have made major investments in Zambia. In addition to having the potential of becoming a regional hub for the Meetings, Incentives, Conferences and Events (MICE) industry, the country also has a unique potential for tourism. Zambia is notably the home of the Victoria Falls -one of the Seven Natural Wonders of the World and UNESCO site-, 20 national parks, 34 game management areas and 23 million hectares of land devoted to the conservation of flora and fauna.
2nd
top destination for hotel developers in Africa
Source : Hotel Partners Africa

Promising sectors