Zambia Strengthens Ties with France and Welcomes Investment
Zambia has reaffirmed its commitment to deepening diplomatic and economic relations with France, with Acting Foreign Affairs Minister Sylvia Masebo declaring the country open for foreign investment. Speaking after signing a Declaration of Intent to enhance bilateral cooperation on Wednesday, Masebo assured that French businesses can thrive in Zambia’s economy. She revealed that a delegation of French companies will visit Zambia in April to explore investment opportunities in energy, agriculture, and infrastructure.
Beyond economic engagement, Masebo stressed that Zambia and France share a long history of collaboration. The strengthened partnership will also foster increased cooperation in healthcare, education, and climate change. “Collaboration in these areas can contribute to meaningful, sustainable development and long-term benefits for both nations,” she stated.
She also acknowledged the €4 million grant from the French government for the Mulonga Water Sewerage Project, aimed at improving Zambia’s water infrastructure and sanitation. However, due to technicalities, the formal signing of the agreement was postponed, though both sides remain committed to its implementation.
Additionally, Masebo called on France to support Dr. Samuel Maimbo’s candidacy for the African Development Bank (AfDB) presidency, citing his extensive experience and leadership credentials.
Meanwhile, French Minister for International Partnerships, Thani Mohammed Soilhi, reaffirmed France’s commitment to strengthening its ties with Zambia, noting shared values and a renewed focus on entrepreneurship, youth development, and sustainable cooperation. “The signing of the Lusaka declaration will demonstrate this. Together, we have identified five priority areas for cooperation: agriculture, health, energy, sport and culture,” Soihi said.
With both nations eager to expand their collaboration, the Zambia-France partnership is poised to drive economic growth, investment, and shared development goals.