ZDCC Applauds Government’s Economic Gains, Pushes for Diaspora-Led $1B Investment Target by 2030

By Francis Maingaila, TipsNews, Zambia

“This is the moment we’ve been working toward. A billion-dollar dream is no longer distant—it is within Zambia’s reach.” — Freud Musanu, Co-Founder & President, Zambia Diaspora Chamber of Commerce (ZDCC)

The Zambia Diaspora Chamber of Commerce (ZDCC), under the leadership of Co-founder and President Freud Musanu, has lauded the Zambian government for ushering in a new wave of economic revitalization. Musanu described recent developments as “a resounding beacon of hope,” aligning directly with the Chamber’s bold mission to channel over $1 billion in diaspora-led investments to Zambia by 2030.

The statement follows Zambia’s unprecedented rebound in the sovereign bond market, with dollar-denominated securities surging 18% since July 2024—outpacing most global peers. As reported by Bloomberg News and cited in an analysis by Rachel Mumba, Zambia has now become “one of the best performers in global debt markets.”

ZDCC believes that the country’s post-default turnaround and investor confidence—boosted by the successful restructuring of $6.3 billion in bilateral debt—presents a rare moment in history to solidify diaspora partnerships, stimulate entrepreneurship, and strategically reposition Zambia on the global business map.

“The Diaspora is no longer just a remittance source. We are builders of industries, backers of innovation, and advocates for national reform. ZDCC is proud to serve as a trusted bridge between Zambia and its global sons and daughters,” Musanu affirmed.

From Crisis to Confidence: A Turning Point for Zambia

According to Bloomberg’s Matthew A. Winkler, Zambia’s debt instruments have attracted unprecedented faith from investors—some seeing up to 21% ROI in under 12 months. Notably, Moody’s upgraded Zambia’s credit outlook to “positive” in 2025, projecting a drop in public debt-to-GDP from 126% in 2023 to 100% this year. Zambia’s long-term debt maturity now exceeds that of South Africa, Kenya, and Ghana.

This turnaround has reignited international interest in Zambia’s long-term prospects and made a compelling case for diaspora re-engagement at scale.

Related Read: ZAMBIA’S BONDS SURGE AS INVESTORS BET ON ECONOMIC REVIVAL – by Rachel Mumba, Bloomberg News

ZDCC’s Call for Deeper Partnership: Consultancy, Incorporation Reform, and Innovation

Despite these wins, ZDCC has called on the Zambian government to correct a persistent and critical barrier to doing business: the unfavorable and often bureaucratic process of company incorporation.

ZDCC’s consortium of diaspora professionals, technocrats, and trade experts—many of whom participated at the International Business Exchange (IBEx 2025) and Global Economic Conference (GEC 2025)—have flagged the lack of passive income-generation models in government agencies. Incorporation inefficiencies, delays, and red tape continue to deter potential investors at a time when they are most needed.

“ZDCC is offering pro bono consultancy services to streamline Zambia’s business entry process and stimulate revenue from simple, low-risk administrative services,” Musanu said. “In a world where most economies are crashing, Zambia can emerge as a safe, agile, and humane investment haven.”

Strategic Diaspora Engagement: A Billion-Dollar Mission

Founded on the belief that diaspora capital and knowledge transfer are central to Zambia’s long-term development, ZDCC has set an audacious yet achievable goal: $1 billion in business and investments from the diaspora community by 2030.

This target spans:

• Renewable Energy (e.g., the 40,000-household Mega Energy Zambia solar project)

• Agribusiness and Organic Farming

• Technology and Fintech (blockchain, e-commerce, and e-governance tools)

• Creative Industries (including media, film, and diaspora storytelling)

• Health Sector Ventures (e.g., planned dialysis clinics and telemedicine expansion)

The Chamber calls on:

• International stakeholders to view Zambia as a strategic partner

• Government agencies to reform business systems for global competitiveness

• Diaspora leaders to return, invest, mentor, and build across provinces

Diaspora Model for Africa: Zambia Tops the List

Among African diaspora organizations globally, ZDCC is fast becoming a model of excellence, providing structure, trust, and momentum to Zambia’s developmental narrative.

According to Francis John, Editor-Publisher of TipsNews and Director of America Media Consultants, ZDCC’s strategic diplomacy, bold vision, and strong media-backed advocacy place it far ahead of its peers in Nigeria, Ghana, and Kenya. “Zambia has a golden window. If ZDCC and the administration continue to harmonize, the country will rise among Africa’s top 5 investment destinations by 2030.”

•Contact: zdcc.org or ZDCC@zdcc.orgfor membership, consultancy, or partnership inquiries