Zambia’s mining sector has surged to 3rd place in global investment attractiveness in 2024, up from 12th in 2023, according to a recent Fraser Institute report. This leap is due to a robust mining policy environment, attracting $10 billion in new investments over the past three years.
To foster investment and sustainable growth, the Zambia Chamber of Mines is partnering with the Critical Minerals Africa (CMA) 2024 summit. CEO Sokwani William Chilembo and other representatives will highlight Zambia’s critical mineral sector to potential investors. The CMA 2024 summit, taking place November 6-7, aims to make Africa the top investment destination for critical minerals. Running alongside the African Energy Week conference (November 4-8) in Cape Town, it provides access to key figures in energy, mining, and finance. As the world’s seventh-largest and Africa’s second-largest copper producer, Zambia is crucial in supplying copper for renewable energy technologies and electric vehicles. The country plans to triple its annual copper production to 3 million tons by 2031 through global partnerships.
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