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The Independent Observer > Headlines > Covid-19 should not discourage you, invest in Zambia – Mukwita

Covid-19 should not discourage you, invest in Zambia – Mukwita

By ALICE NACHILEMBE
Zambia’s Ambassador to Germany Anthony Mukwita has called on the business community in Germany not to be discouraged by the outbreak of the coronavirus pandemic but instead invest in Zambia.

Mr Mukwita said as a member of one of the largest regional economic blocs, the 21 member Common Market for East and Southern Africa, COMESA, Zambia provides some of the best investment prospects on the African continent.

“Coming to Zambia means coming to the huge COMESA market that has an equally huge youthful population and 365 days of sunshine. Come and invest in agriculture and feed the world”, He said.

The Zambian envoy was speaking at the opening of a one-hour webinar discussion on investing in Zambia organized by the Association of German Chambers of Commerce and Industry.

He used the occasion to pay tribute to the German government for its contribution of over 28 million dollars to the fight against the coronavirus pandemic in Zambia.

Mr Mukwita also expressed gratitude to the Association of German Chambers of Commerce, through the
webinar convenor and moderator Heiko Schwiderowski, for dedicating time and resources specifically to discussing investment opportunities in Zambia.

Among the speakers was German’s Ambassador to Zambia  Anne Wagner-Mitchell. In her remarks, Dr Wagner-Mitchell noted the economic challenges Zambia was facing that included a debt burden and the impact of the coronavirus pandemic.

The webinar discussion included representatives of the German economy in Zambia and the Zambia Development Agency among others. It also included the CEO of Amatheon, Carl Bruhn, one of the largest German investors in the Zambian economy. This was one of the first high level business forums held this year under the cloud of covid-19. Increasingly, more and more business meetings are now being conducted through information and communication technologies as the new normal.