$12bn USD in Investment: ZCCM-IH Praises Government-Led Mining Reforms

ZCCM-IH commended government-led mining sector reforms which have attracted around $12 billion in investment strengthening Zambia’s energy and minerals outlook.

Phesto Musonda Board Chairperson spoke during a courtesy visit to Zambia’s Ambassador to France, Judith Mulenga, ahead of ZCCM-IH’s Capital Markets and Investor Day schedules for June 19, 2026, in Paris

Mr. Musonda said that reforms under President Hakainde Hichilema’s leadership have successfully restored investor trust in Zambia’s mining sector and unlocked large-scale capital inflows.

He said that improved operating environment had allowed ZCCM-IH to broaden its market capitalisation from approximately 300 million dollars to around 1.4 billion dollars over the past four years.

He noted that its strategic positioning in global capital markets, especially through its listing on the Euronext Access exchange makes it a key platform for engaging European investors.

Ambassador Judith Mulenga welcomed the initiative describing Paris Investor Day as a strategic platform strengthen economic ties between Zambia, France and wider European capital markets.

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