Zambia has launched the iGuides platform, a web-based tool aimed at helping governments to attract investment.
The event was organized by Ministry of Commerce, Trade and Industry and Zambia Development Agency (ZDA), in collaboration with the Economic Commission for Africa (ECA) in collaboration with United Nations Conference on Trade and Development (UNCTAD).
According to Economic Commission for Africa (ECA) Southern Africa regional director Said Adejumobi, the iGuides platform will contain all vital information relating to investment. It will be instrumental in strengthening the national capacity and providing the much-needed support in attracting more investments in land-linked countries, including Zambia.
The web-based tool is aimed at assisting the government in attracting foreign investments by serving as a one-stop information shop on investment opportunities and related issues to enable investors to make key decisions, Adejumobi told during the official launch of iGuides for Zambia, Mr. Adejumobi.
He also highlighted the role iGuide will play to address some of the challenges faced by foreign investors when conducting business.
"More importantly, the iGuide will be key in sharing information on Zambia's strategic policies, particularly related to investment opportunities," he added.
He also marked that Zambia was among the first four countries to roll out the project in collaboration with the two sister UN institutions, Economic Commission for Africa (ECA) and United Nations Conference on Trade and Development (UNCTAD). Congo, Malawi, and Nigeria are already on the iGuides platform.