Zambia Diaspora Chamber of Commerce (ZDCC) Appoints KC Byron Whetstone to Lead $1 Billion Investment Drive for Zambia by 2030

Lusaka, Zambia– Unlocking New Frontiers for Investment & Economic Growth

In a landmark move to catalyze Zambia’s economic development, the Zambia Diaspora Chamber of Commerce (ZDCC) has officially appointed Byron Whetstone as the Chair of the Investment Committee. Tasked with leading efforts to mobilize $1 billion in strategic investments by 2030, this initiative is set to transform Zambia into a premier destination for global investors.

Before this appointment, Byron Whetstone served as the Membership Director of ZDCC, where he played a pivotal role in pulling together and attracting new members. His proven track record in fostering business relationships for over a decade in Zambia made him the ideal candidate for this leadership position.

Byron’s appointment received unanimous approval from ZDCC members, including those physically present at the International Business Exchange Conference (IBEx) 2025 and those attending virtually from the United States. His official confirmation was signed by ZDCC President, Freud Musanu, solidifying his mandate to steer Zambia’s investment future.

The announcement was made at an exclusive launch event at Zoran Café, Levy Mall, Lusaka, bringing together influential business leaders, financial institutions, government representatives, and global stakeholders.

Among the distinguished attendees were:

• Byron Whetstone, newly appointed Investment Committee Chair, who pledged to establish strategic investor partnerships upon returning to the United States.
• Freud Musanu, President/Founder of ZDCC, who emphasized the pivotal role of diaspora investments in Zambia’s economic future.
• William John, CFO of HOPe Care Services UK, who committed to attracting European investors into Zambia’s real estate and financial sectors.
• Francis Fagjot John, CFO of Fagjot Group of Companies, who underscored the power of diaspora engagement in accelerating Zambia’s growth.
• NYcee, Artist & Representative of KuliKuli Entertainment USA, who vowed to champion social impact fundraising and youth investment initiatives through entertainment.

Strategic Investment Blueprint: Where Capital Meets Opportunity

• The ambitious $1 billion roadmap, to be designed and supplied by HOPe Care Services – a leading consulting firm, is structured to propel Zambia’s economic diversification, prioritizing key sectors such as:
• Renewable Energy & Infrastructure – Expanding Zambia’s power generation capacity to sustain industrial growth.
• Agribusiness & Food Security – Boosting agricultural productivity and export potential.
• Digital Financial Services (ZedPay Initiative) – Enhancing fintech adoption for seamless financial transactions.
• Real Estate & Diaspora Housing Projects – Developing affordable housing solutions for diaspora reintegration.
• Logistics & Trade Corridor Development – Strengthening Zambia’s position as a regional trade hub.

To facilitate investment inflows and provide financial security for investors, discussions with leading financial institutions are at an advanced stage. The Bank of Zambia, along with Citibank, Ecobank, Standard Chartered, Stanbic Bank, Zambia National Commercial Bank (Zanaco), and Access Bank, are being evaluated as key financial partners. The final selection process will be completed within eight weeks, followed by an official announcement and the scheduling of inaugural banking partnerships.

As a next step, ZDCC will organize high-level investment meetings with selected financial institutions, investors, and government representatives to fast-track capital mobilization and financial structuring. This initiative seeks to offer investment incentives, streamline risk mitigation frameworks, and reinforce Zambia’s attractiveness as an investment hub.

“This initiative is not just about attracting capital; it’s about positioning Zambia as a global economic powerhouse,” said Byron Whetstone. “We are structuring a financial ecosystem that guarantees long-term sustainability for both investors and local businesses.”

Government & Institutional Collaboration: Ensuring Policy Alignment

To maximize the impact of this investment drive, ZDCC is working closely with the Government of Zambia, financial regulators, and economic think tanks. A dedicated government liaison will be appointed to actively participate in policy formulation and execution, ensuring regulatory efficiency and investor-friendly governance.

• Additionally, the Zambian government is committed to providing strategic incentives, including:
• Tax holidays and investment rebates for high-value projects.
• Public-private partnership (PPP) models to drive infrastructure development.
• Fast-tracked business registration & compliance frameworks for diaspora investors.
• Special Economic Zones (SEZs) for key industries to enhance investor confidence.

With these measures in place, Zambia is set to compete favorably with top investment destinations globally, offering high-yield returns with secured financial infrastructure.

A Call to Investors, Financial Institutions & Development Partners

ZDCC extends an open invitation to financial institutions, private equity firms, venture capitalists, and global business leaders to join this transformative initiative. The time for action is now—Zambia is ripe for investment, and the opportunities are limitless.

Stakeholders interested in investment opportunities, franchise partnerships, and government-backed projects are encouraged to connect with ZDCC to secure early mover advantages.

“We are not just building businesses; we are building a legacy of sustainable economic growth,” said Freud Musanu, President of ZDCC. “We call on investors, banks, and policymakers to be part of this journey toward Zambia’s prosperity.”

The Road to IBEx 2026: Strengthening Global Ties

As Zambia moves forward with this investment agenda, ZDCC is preparing for the International Business Exchange Conference (IBEx) 2026 in Kansas City, USA, which will serve as a key global platform for:

• Business matching between Zambian enterprises and global investors.
• Industry-focused workshops on real estate, infrastructure, and digital finance.
• Trade expansion dialogues with African and Western markets.
• Bilateral investment agreements between Zambia and international stakeholders.

With a structured membership plan, sponsored training programs, and government-backed visa assistance, IBEx 2026 will position Zambia as Africa’s most dynamic investment frontier.

A Transformative Decade for Zambia

Closing the event, Francis Fagjot John shared an inspiring vision: “The light at the end of the tunnel is visible. Zambia is becoming a first-choice destination for investors and business leaders worldwide.”

As the investment agenda unfolds, ZDCC remains committed to fostering investor confidence, policy transparency, and economic inclusivity.

For investment inquiries, partnerships, and project collaborations, reach out to ZDCC at:

• contact@zdcc.org
• www.zdcc.org
• +1 816 352 7094