Reported by: The Agency Media.
Date: 15th July, 2025.
Lusaka, Zambia.
In a major step to strengthen Zambia’s economy, President Hakainde Hichilema has launched Growth Investment Partners Zambia (GIP) a platform designed to unlock the potential of small and medium enterprises (SMEs) which contribute 70% of the country’s GDP and over 80% of jobs.
For years, many SMEs have struggled to access affordable financing despite their vital role in job creation and economic stability. To address this, the government established the Ministry of Small and Medium Enterprises to drive innovation, inclusive growth and support for entrepreneurs.
The newly launched GIP platform, backed by British International Investment (BII), NAPSA and Swedfund, is set to provide the much-needed capital and investment environment for SMEs to thrive and scale.
This milestone comes at a time when Zambia is experiencing a “happy convergence” of lower inflation, declining interest rates and a stable exchange rate, positioning the country for sustainable economic growth.
The government says this is part of a broader commitment to creating a Zambia where entrepreneurship can flourish and every business can grow confidently.
“Together, we are building a stronger Zambia through empowering our entrepreneurs,” President Hichilema noted.
#ZambiaRising #SMEGrowth #EconomicEmpowerment #HH #PresidentHichilema #InvestInZambia #Entrepreneurship #YouthEmpowerment #ZambiaForward #Innovation #NAPSA #BritishInvestment #Swedfund #BuildingZambiaTogether
Embassy of Sweden in Lusaka
Ministry of Small and Medium Enterprise Development.
Ministry of Commerce,Trade and Industry
The Agency
