Zambia Diaspora Chamber of Commerce (ZDCC) Endorses US Investment in Lobito Corridor to Propel Zambian Economy Forward
Zambia Diaspora Chamber of Commerce (ZDCC)
By Franics John, Publisher TipsNews, Kansas City.
Kansas City – February 7, 2024 – The Zambia Diaspora Chamber of Commerce (ZDCC), led by President Mr. Freud Musanu, enthusiastically welcomes the United States Government’s commitment to invigorate the Zambian economy through substantial investments in the Lobito Corridor. The ZDCC is keen on fostering collaborations that will leverage these investments to enhance economic growth and regional integration.
In a recent development, Amos Hochstein, Senior Advisor to U.S. President Joe Biden on Energy and Investment, during an interview with ZNBC’s Franklin Tembo Junior, revealed the U.S.’s intention to back the Lobito Corridor project vigorously. This initiative is aimed at boosting trade and connectivity, not only within Zambia but extending to Angola and the Democratic Republic of Congo, thus, paving the way for an integrated regional economic framework.
The Partnership for Global Infrastructure and Investment, Lobito Corridor private sector investment forum, is set to take place in Lusaka, marking a significant milestone in this collaborative journey. The forum will witness participation from the private sector and international partners, highlighting the global belief in the project’s potential to transform the economic landscape of the region.
Mr. Freud Musanu, President of the ZDCC, states, “The ZDCC is fully supportive of this transformative project that promises to elevate Zambia’s economic status and foster sustainable development across the region. We recognize the importance of such international collaborations and are committed to facilitating dialogue and partnerships that will ensure the success of these investments.”
The ZDCC urges Zambian businesses, diaspora investors, and international stakeholders to seize this unprecedented opportunity to contribute to the Lobito Corridor project. Through collective effort and shared vision, the project is set to unlock immense possibilities for trade, investment, and socio-economic advancement.
The Chamber is optimistic about the positive impact of the U.S. government’s involvement and the Lobito Corridor project at large. It looks forward to engaging with all parties involved to explore ways in which the Zambian diaspora and international partners can play a pivotal role in this endeavor.
**About the Zambia Diaspora Chamber of Commerce (ZDCC)**
The Zambia Diaspora Chamber of Commerce is a pivotal organization aimed at fostering trade, investment, and engagement between Zambia and its diaspora community. The ZDCC serves as a conduit for promoting sustainable economic development and harnessing the potential of the Zambian diaspora worldwide.
Mr. Freud Musanu, President
www.zdcc.org
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