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Sweden projects Zambia’s economic growth

SWEDEN has expressed confidence in Zambia and Africa’s economic growth path and has since pledged commitment to assist in boosting growth through Government and private sector engagement.
A senior Swedish government official Pereric Högberg said Sweden wants to work closely with the Zambian government and private sector and other African countries to boost growth and reduce poverty.
“African populations are growing as fast as their economies are growing and this is a very good thing. Sweden therefore wants to position itself to do business with Africa on a mutually acceptable basis in order to have a win-win situation for both Africa and Sweden,” he said.
Mr Högberg said this at a business indaba in Sweden last week which attracted participants from Zambia and other African countries.
This is according to a statement issued by deputy ambassador at the Zambian embassy in Stockholm, Sweden Anthony Mukwita on Thursday last week.
He said that country will engage the private sector through the Swedish International Development Agency (SIDA).
“As Sweden continues on its economic diplomacy, it will endeavour to embark on projects that will ensure African jobs are created by Africa as much as possible, as it imparts technical skills in the partnerships.
At the same occasion Swedish Southern African Chamber of Commerce (SACC) board member Asa Jarskog also said Zambia remains a critical partner in investment and development.
“Am extremely optimistic of Africa’s growth especially Zambia …some people say Africa is the next Asia…I say that is wrong…Africa is the next Africa,” she said.
Zambia has recently stepped up its economic diplomacy championed by President Lungu, who has travelled to China, South Africa, Angola, Namibia and Zimbabwe in the first 100 days of his Presidency since the January 20, 2015 poll that made him the sixth President of Zambia.

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