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    BREAKING NEWS
    Malawi’s Financial Market Dealers Association has advised the Reserve Bank of Malawi to latch Fissures in the Forex Market
    $5 Billion has been committed by the African Petroleum Producers Organization for the Establishment of the African Energy Bank
    $20 Million has been endorsed by the AfFB to enhance the business to strengthen investments for Climate-Smart Agriculture in Mozambique AfDB Divulged
    Nigeria’s Telecom Contribution to the Gross Domestic Product (GDP) Hits 16 per cent in the Second Quarter of 2023- report
    Philip Mpango Vice President of Tanzania called for a Global Partnership to address the existing Demographic Emergency
    Dr. Akinwumi Adesina President of the AfDB raised an eyebrow at the Improvement to Failing Global Financial Architecture
    N125 billion hoisted by MTN Nigeria through Commercial Paper Issuance by way to improve its Financing Alternatives
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    $1 Billion Committed by the African Export-Import Bank to the African Continent

    $400 Million gives birth to Investments by the Zambia Development Agency from twenty-two Businesses in the Primary Quarter of 2020 and have Stabilized 600 jobs from the Actualized Ventures

    Posted On 26 Sep 2020
    By : New Africa Business News, Staff Correspondent
    Comments: 18

    By Abdul Rahman Bangura–

    Photo Credit: Shetrades

    NEW AFRICA BUSINESS NEWS (NABN) Freetown, Sierra Leone– Going further, the Zambia Development Agency (ZDA) retains enterprises of over $400 million dollars from twenty-two corporations in the introductory domain of 2020.

    The Interim Board Chairperson of the Zambia Development Agency – David Masupa asserts from the actualized enterprises, 6,000 jobs have been generated. This is described in relation to 2019 when 3,000 jobs were established with actualized venture of 414.9 million dollars. The Interim Chairperson – Reverend Masupa lets out the agency with its cooperating partners, will proceed to promote economic zones development and publicity of trade across the nation. He furtherance, he bade to the administration of Zambia to expedite the regulation of the Zambia Development Agency Bill as it will enable the agency to blow up its law effectively.

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    The Acting Board Chairperson of ZDA – Reverend Masupa was talking during the unveiling of the ZDA emblem and current strategic fixation in Lusaka on September 23rd, 2020. Christopher Yaluma – Commerce, Trade and Industry Minister affirmed, the administration of Zambia endures devoted to developing a facilitative and active job environment that will bolster the expansion of businesses and growing investment trade in the nation.

    Be added that, the administration of Zambia will proceed to aid the ZDA in executing its statute of providing to economic development of the government through trade facilitation. And that, the new insignia will encourage the agency to be similarly susceptible to the financial dynamics and the development desires of the government.

     

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    For New Africa Business News (NABN) Abdul Rahman Bangura Reports,  Africa Correspondent

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    18 Comments

    1. Grace September 26, 2020 at 2:18 am Reply

      Zambia I hope is not another bad deal for your people. Thank for the report. Abuja Nigeria. Grace

      • New Africa Business News, Staff Correspondent September 26, 2020 at 2:19 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    2. Visola September 26, 2020 at 2:29 am Reply

      In the Continent, people are trying to process, why Zambia is letting China to begin Colonizing them. Nairobi. Visola

      • New Africa Business News, Staff Correspondent September 26, 2020 at 2:30 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    3. Mandisa September 26, 2020 at 2:36 am Reply

      Zambia’s deal with China is an other unbelievable dump deals. Failure all the way. Addis Ababa Ethiopia. Mandisa

      • New Africa Business News, Staff Correspondent September 26, 2020 at 2:37 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    4. Monique September 26, 2020 at 2:47 am Reply

      Thank you for the email. I also could not believe, government of Zambia, with it current administration, gave China it’s international airport. Unbelievable. This never happen in modern history. Buea Cameroon. Monique

      • New Africa Business News, Staff Correspondent September 26, 2020 at 2:48 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    5. Kristine September 26, 2020 at 2:54 am Reply

      Thank you for the newsletter. Oslo Norway. Kristine

      • New Africa Business News, Staff Correspondent September 26, 2020 at 2:55 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    6. Randy September 26, 2020 at 3:10 am Reply

      Thank you for reporting. Very sad, Chinese taking over Zambia’s airport, electricity company, national broadcasting network and major road projects owing to failure to repay loans worth about $9 Billion. How can a government of the people gave all that’s important for a Country to a foreign Country. Shame! Randy in Maun Botswana

      • New Africa Business News, Staff Correspondent September 26, 2020 at 3:11 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    7. Andrew September 26, 2020 at 3:22 am Reply

      Zambia is losing it all, due to their lazy government. Our African leaders need to know only lazy Presidents go and beg for loans that will never and ever benefit it’s people. Thank you for the report. Cape town South Africa. Andrew

      • New Africa Business News, Staff Correspondent September 26, 2020 at 3:23 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    8. Andrew September 26, 2020 at 3:27 am Reply

      I know, Zambia needs a new Leadership. The current government in our country failed us all. Lusaka Zambia. Simon

      • New Africa Business News, Staff Correspondent September 26, 2020 at 3:29 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

    9. Irena September 26, 2020 at 4:02 am Reply

      As far as am concern. Government of Zambia failed and continue failing it’s people. How can any government let China come and take all what they have. Nzega Tanzania. Irena

      • New Africa Business News, Staff Correspondent September 26, 2020 at 4:03 am Reply

        Thanks for reading, Africa’s fastest growing online newspaper. Please forward http://www.newafricabusinessnews.com

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