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As Africa’s digital economy expands, the Data Governance in Africa Initiative has launched Investor Pocket Guides to help European and African investors navigate key markets, including Zambia, South Africa, Namibia, Botswana, Kenya, Senegal, and Tanzania. These guides provide valuable insights into the investment landscape, helping investors make informed decisions in a dynamic environment.
The Zambia Investor Pocket Guide was developed under the Data Governance in Africa Initiative, as part of the Digital Social Innovation (DSI) ‘Think Like an Investor’ program, led by HAUS (Finnish Institute of Public Management Ltd) and ESTDEV (Estonian Centre for International Development). The contents of this guide are the sole responsibility of BongoHive Consult and PRS365, based on primary and desk research.
The Zambia guide highlights the country’s growing investment potential. Zambia benefits from a stable political climate, favorable regulations, and a youthful workforce. With 5.8% GDP growth in 2023 and projections of 2.3% in 2024, the country offers opportunities for both large and small investors. Recent regulatory reforms have made it easier to do business and encourage capital flow.
Key sectors such as e-health, renewable energy, and digital finance are driving growth in Zambia. Telemedicine and digital health services are improving access to healthcare, while the Renewable Energy Feed-In Tariff (REFiT) supports investment in solar and green technologies. High mobile money adoption is creating opportunities for fintech, especially in areas with limited traditional banking.
Zambia’s access to regional markets through trade blocs like COMESA, SADC, and AfCFTA, along with its abundant natural resources, makes it a strong investment hub. While infrastructure challenges exist, Zambia’s political stability and growing workforce offer a solid foundation for the future.
The Investor Pocket Guides offer crucial insights into Zambia and other African markets, helping investors make informed decisions. To explore the Zambia guide and more, visit Investor Pocket Guides.
As Africa’s digital transformation accelerates, these guides are key to unlocking growth and investment across the continent.