DUBAI CHAMBER OF COMMERCE SEEKS INVESTMENT OPPORTUNITIES IN ZAMBIA

The Dubai Chamber of Commerce earlier today paid a courtesy call on the Industrial Development Corporation (IDC) seeking investment opportunities in Zambia.IDC Acting CEO Mrs. Pamela Musepa, on behalf of CEO Mr. Cornwell Muleya, welcomed the Dubai Chamber, represented by Mr. Abdulla Momade, Chief Representative of Southern Africa, who was accompanied by Mr. Mwelwa Chibesakunda […]

IDC EXPLORES RENEWABLE ENERGY COLLABORATION WITH 7YRDS ENERGY ZAMBIA LIMITED

IDC CEO Mr Cornwell Muleya has met with a delegation from 7YRDS Energy Zambia Limited, a subsidiary of Germany’s 7YRDS Energy GmbH, to explore potential partnerships in renewable energy investments. The delegation from 7YRDS was accompanied by officials from the Zambia Development Agency (ZDA). 7YRDS Energy Zambia Limited is seeking to develop 100MW solar power […]

IDC AND AFC EXPLORE FINANCING PROSPECTS FOR PROJECTS

IDC CEO Mr Cornwell Muleya and Africa Finance Corporation (AFC) Executive Director – Financial Services, Mr Sanjeev Gupta, held talks today to explore collaboration in financing IDC projects and companies.With IDC focusing on key economic sectors like energy, agriculture, manufacturing, mining, and tourism, securing funding for ongoing and upcoming initiatives is paramount.The mission of AFC, […]

LuSE AND IDC DISCUSS COLLABORATIONS

Lusaka Securities Exchange (LuSE) CEO Mr Nicholas Kabaso, and his management team today paid a courtesy call on IDC CEO Mr Cornwell Muleya and discussed operations and collaboration opportunities.Mr Kabaso briefed IDC on LuSE’s functions, sparking dialogue on potential future listings in the IDC Group. Listing on the capital market is one way companies in […]

INVEST IN AFRICAN MINING INDABA 2024

Meet us at the Zambia stand at this year’s Investing in African Mining Indaba in Cape Town as we unveil our vision for Zambia’s mining sector: Exploring untapped minerals, integrating cutting-edge technologies, and enhancing local value addition. Together, we’re advocating for strategic management and partnerships to position Zambia as a leader in sustainable mining.

IDC CEO HOSTS ZAMBIA-RE DELEGATION

IDC CEO Mr. Cornwell Muleya yesterday hosted a delegation from the Zambia Re-insurance Plc (Zambia Re). The group comprised Mrs. Joyce Muwo-Mwansa, the Board Chairperson, Mr. Nathan De Assis, a Non-executive Director, Mr. Munakopa Sikaulu, also a Non-executive Director, and Mrs. Exhildah Lumbwe, the Managing Director.The purpose of their visit was to pay a courtesy […]

INDO ZAMBIA BANK ASSURES IDC OF CONTINUED POSITIVE FINANCIAL PERFORMANCE

Indo Zambia Bank Limited Board Chairman Dr Michael Gondwe today paid a courtesy call on IDC CEO Mr Cornwell Muleya.Dr Gondwe was accompanied by Managing Director Mr Kowdichar Shashidhar and General Manager Mr Godwin Ngoma. The discussions centered around the bank’s consistent and positive financial performance over the years, solidifying its position as one of […]

FOCUS ON BEING PROFITABLE – INFRATEL URGED

IDC CEO Mr Cornwell Muleya has urged Infratel to focus on how they can turnaround the company making it a profitable entity by 2025. Mr Muleya said this when Infratel Board Chairperson Mr Stein Liyanda paid a courtesy call on him in Lusaka yesterday. He said there was need for long term planning which will […]

CASSAVA PROCESSING PLANT TO BOOST ECONOMY OF CHITAMBO DISTRICT – SAYS CHITAMBO DC

Chitambo District Commissioner Mr Evans Chola says the opening of the cassava processing plant by the Industrial Development Corporation (IDC) will significantly boost the economy of the District. He further urged the local community and the youths to take advantage of business linkages along the value chain.He made these remarks when a team from IDC […]