Zambia energy storage vehicle parts

Can Zambia create a competitive electric vehicle battery value chain?

Mr. John Mulongoti, Permanent Secretary-Investments and Industrialisation, MCTI, in his opening remarks shared Zambia’s resolve to create a competitive Electric Vehicle Battery value chain leveraging on the presence of the critical minerals, tailored towards sustainable development and inclusive growth.

Will Zambia partner with DRC to produce electric vehicles?

Zambia says it will seek Western lenders for its plans to partner with the Democratic Republic of Congo (DRC) to jointly start producing electric vehicles batteries and cement a firm position in the global supply chain.

Will private sector play a role in Zambia's mineral beneficiation programme?

Zambia Association of Manufacturers president Ashu Sagar said the private sector will play its role in seeing to it that the programme succeeds. “We have been advocating for the mineral beneficiation and this value addition will benefit both countries” Mr. Sagar added.

Will Zambia's import agreement increase foreign exchange inflow?

Bank of Zambia Governor, Denny Kalyalya said Zambia has depended on imports for a long time and that the agreement will increase foreign exchange inflow in the long run. Dr Kalyalya said the Central bank stands ready to ensure that financial institutions help provide resources to make the project successful.