Ministry of Technology and Science Minister, 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, United States of America.
The Hon. 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 that 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, Mr. Albert Halwampa highlighted Zambia’s strategic location, stable political environment,
and investment opportunities in sectors like e-mobility, energy, and agriculture. He 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, Mr. Choolwe Nalubamba and other senior government officials attended the meeting.
Issued by:
Namatama Njekwa
First Secretary – Press and Public Relations
Permanent Mission of the Republic of Zambia to the United Nations.
