UK and EU back Zambia as an emerging investment destination

The United Kingdom has expressed growing confidence in Zambia's economy, describing the country as an emerging destination for long-term investment and private sector growth.

Speaking at the Impact Capital Africa Zambia Investment Fest, British High Commissioner Rebecca Terzeon said the participation of British International Investment as co-host reflects increasing UK interest in supporting Zambia's economic ambitions. She added that Zambia's inclusion in BII's new five-year strategy signals confidence in the country's investment potential and its ability to attract sustainable capital.

The European Union echoed that view. EU Ambassador to Zambia and COMESA Karolina Stasiak said Zambia's peace, stability and ongoing reform programme continue to strengthen its reputation as an attractive investment destination. She noted that efforts to improve the business environment are helping position the country competitively on the international stage.

Speaking at the same event, Presidential Advisor for Finance and Investment Jito Kayumba called on Zambian small and medium enterprises to raise their game. He urged business owners to improve transparency, sharpen their financial reporting, and develop growth-oriented models capable of attracting outside capital. Innovation and preparedness, he said, remain central to unlocking investment and driving sustainable economic growth.

The Investment Fest, co-hosted by Impact Capital Africa and British International Investment, brought together international development partners, private investors and Zambian entrepreneurs to explore opportunities for partnership and capital flow into the country.