The Industrial Development Corporation (IDC) joined other Zambian institutions at the Zambia-Germany Business Forum to present attractive investment opportunities within its diverse portfolio.
The Forum, organized by the Zambia Development Agency (ZDA), brought together German companies exploring business partnerships and investments in Zambia. The delegation was led by Zambia’s Ambassador to Germany, Mrs. Winnie Natala Chibesakunda.
Minister of Energy, Hon. Makozo Chikote, MP, graced the event as guest of honour. In his address, he emphasized the Government’s commitment to creating a conducive business environment that enables the private sector to thrive. He said Zambia continues to seek strategic investors to support the Government’s development agenda, particularly in the energy sector, which remains a key driver of industrial growth and national development.
Representing IDC, Chief Executive Officer, Mr. Cornwell Muleya, outlined the Corporation’s mandate in managing State-owned Enterprises, creating new investments, and managing a Wealth Fund. He noted that IDC’s role is central to driving Zambia’s industrialization and sustainable economic growth through strategic investments and partnerships that unlock value in key sectors of the economy.
IDC Head of Investments – Mining & Energy, Mr. Mulumba Lwatula, highlighted opportunities for partnerships and investments across IDC’s portfolio, particularly in energy, mining, agriculture, manufacturing, and tourism.
