Business

ZDA, BoZ to host trade exhibition

THE Zambia Development Agency

KELLY NJOMBO, Lusaka
THE Zambia Development Agency (ZDA) in partnership with the Bank of Zambia (BoZ) and other stakeholders will next month host the African Export-Import Bank (afreximbank) trade exhibition and investment forum to promote local products to potential international investors.
The BoZ is a shareholder in the afreximbank which is domiciled in Egypt, and promotes investments through loan disbursements of funds to companies in member countries.
According to a statement availed to the Daily Mail yesterday, the afreximbank trade exhibition and investment forum will both be held in June under different themes, in view of addressing some of the challenges being faced by small and medium enterprises (SMEs) in the country among them lack of access to finance.
“The BoZ in collaboration with other key stakeholders will be hosting the afreximbank trade exhibition whose theme is ‘Investing in value chains to foster export growth and competitiveness in regional markets’. The two-day exhibition will start on June 11 and the investment forum which will be held under the theme ‘Unlocking investments opportunities through financial innovation’ will be held on June 12, 2015,” the statement says.
It says the trade exhibition is expected to promote and showcase to the international and local companies’ products produced in Zambia.
The investment forum will involve presentations by local specialists on capital markets and private equity as well as the challenges faced by SMEs in accessing finance.
The statement says the event will be used as a platform to reach out to companies in the local industry to enable them utilise the available resources from the afreximbank for investment in their companies.
“Companies should take part in the events [trade exhibition and the investment forum] as they will provide an opportunity to show case products to potential funders and also network with business clients from other countries,” the statement states.


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