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Zambia Recognized as Prime Investment Destination by Canada

The Canadian Government has identified Zambia as a top investment destination in Africa, emphasizing its political stability and economic potential. Rob Oliphant proposed a Canadian trade mission to Zambia, while Minister Mulambo Haimbe pledged continued commitment to improving the investment environment and highlighted mining sector initiatives.

Zambia has been recognized as a leading investment destination in Africa by the Canadian Government. Rob Oliphant, Parliamentary Secretary to Canada’s Minister of Foreign Affairs, highlighted Zambia’s political stability, commendable governance, and substantial economic potential as key factors contributing to this positive perception during a recent bilateral meeting with Foreign Affairs Minister Mulambo Haimbe in London.

In his remarks, Mr. Oliphant proposed the organization of a Canadian trade mission to Zambia. This initiative aims to expose Canadian businesses to the diverse investment opportunities present within the country. Minister Haimbe assured the Canadian delegation of Zambia’s dedication to creating and maintaining a favorable environment for investments.

The Minister also provided updates on Zambia’s active efforts to attract investments in the mining sector. This includes the introduction of a high-resolution geophysical survey intended to locate mineral-rich areas for exploration purposes. The information was disseminated in a statement to ZNBC News by Eva Chanda, Principal Public Relations Officer in the Ministry of Foreign Affairs.

In conclusion, Zambia’s recognition as a prime investment destination underscores its political stability and strong economic outlook. The proposed Canadian trade mission signifies a proactive approach to fostering international business relations. With ongoing efforts in the mining sector, Zambia remains committed to enhancing its investment climate.

Original Source: znbc.co.zm

Niara Abdi

Niara Abdi is a gifted journalist specializing in health and wellness reporting with over 13 years of experience. Graduating from the University of Nairobi, Niara has a deep commitment to informing the public about global health issues and personal wellbeing. Her relatable writing and thorough research have garnered her a wide readership and respect within the health journalism community, where she advocates for informed decision-making.

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