Zambia Seeks Stronger FDI Strategy

0

A Zambian economist has called on the government to compare its economic performance with other African countries to improve foreign direct investment (FDI) competitiveness. He noted that Zambia lags behind neighbors like Mozambique, which attracted $3.6 billion in FDI in 2024 compared with Zambia’s $1.2 billion. He urged stronger support for local industry, anti-corruption reforms, and long-term investment in early childhood development to build a skilled workforce that attracts manufacturing-focused FDI.