Mundubile seeks German investment
…. Northern Province Minister seeks Mukwita’s cooperation
April 3, 2018
The Northern Province administration has launched its investment campaign by seeking out potential investors beyond Zambia. Provincial Minister Brian Mundubile is seeking German investors for sectors that include Tourism, Agriculture, transportation and mining.
The provincial minister has told Zambia’s ambassador to Germany Anthony Mukwita that northern Province has huge investment possibilities that remain largely unexplored.
Northern Province is home to some of the most spectacular waterfalls that include Chishimba falls just outside Kasama, Kalambo Falls in Mbala, and Kabwelume on kalungwishi River. In the water transport sector, the province is home to Mpulungu harbor on Lake Tanganyika that offers easy connectivity to East Africa.
The province is also rich in history with such monuments as one of the earliest Christian churches that were ever built during the days of the British Protectorate, slave routes and Lake Chila where some of the guns surrendered during one of the World Wars were thrown. It is also home to Little Poland where a small Polish community sought refuge during the war.
The province is also rich in agricultural land with the potential to contribute significantly to the country’s food basket if sufficiently exploited.
In response, ambassador Mukwita has opened discussions with Africa Verein, a German business association that has over 500 companies with interest in Africa. The Zambian envoy says he is optimistic that some investors will respond favorably to invitations to invest in the Northern Province.
“German businesses are open to investing in Zambia, a land of 365 days of sunshine”, Mr. Mukwita says adding “we just need to open our doors and allow them see what we have to offer”.
Ambassador Mukwita says he has seen the kind of interest presentations on Zambia’s investment potential generate which assures him of “better things to come”.
“Investors are interested in peace, stability, predictability and safety” the senior diplomat says, “ and the rule of law in addition to the fact that the landlinked nature of Zambia means access to significant markets in the region and Europe, ingredients that Zambia has”.