October 6, 2024
1 min read

‘Zambia draws $58 mn investment in digital infra’

Mutati said the country has seen a lot of private sector investment in digital infrastructure since the removal of tax on importation of digital equipment….reports Asian Lite News

Zambia has attracted a total investment of about $58 million in digital infrastructure following the removal of tax on importation of equipment for digital infrastructure in 2021, a senior government official said.

During a panel discussion at the 2024 Digital Government Africa Summit underway in Lusaka, the Zambian capital, Zambian Minister of Technology and Science Felix Mutati said the investment has helped the country connect itself to all its eight neighboring countries through fiber optic technology.

Mutati said the country has seen a lot of private sector investment in digital infrastructure since the removal of tax on importation of digital equipment.

The government, he said, was promoting incentives, innovation and investment to boost private sector involvement in the economy.

Percy Chinyama, national coordinator of the Smart Zambia Institute, a government agency that coordinates and implements e-government, called for a collaborative approach toward digital transformation in Africa.

Zambia is hosting the second edition of the Digital Government Africa Summit aimed at finding solutions to drive digital transformation in Africa.

The summit, which ran from Wednesday to Friday, attracted over 500 delegates from more than 30 African countries. 

ALSO READ: UN releases $5 mn for flood victims in Nigeria

Previous Story

Somali President urges for investments in agricultural sector

Next Story

US says ‘pleased’ with improved aid access into Sudan

Latest from -Top News

Industry Hails India-UK FTA

£34 billion boost, sweeping tariff cuts and market access mark UK’s most ambitious post-Brexit trade pact; Indian sectors set for exports surge…reports Asian Lite News Business leaders from both India and the

India, UK Sign Landmark FTA

The pact is set to make imported goods like Scotch whisky, gin, luxury cars, cosmetics, and medical devices more affordable for Indian consumers….reports Asian Lite News In a landmark moment for India-UK

Farmers Win Big in India-UK FTA

There is a massive gain for rural India and exporters with zero duty on processed foods compared with up to 70 per cent earlier….reports Asian Lite News The India-UK Free Trade Agreement

Modi-Starmer Meet Ahead of FTA Signing

During the discussions, the two sides will also review the progress of the Comprehensive Strategic Partnership (CSP)…reports Asian Lite News Prime Minister Narendra Modi on Thursday called on Keir Starmer at the

Hindu Temple Vandalised in Melbourne

Confirming the incident, Victoria Police mentioned they are investigating “four linked incidents in Boronia,” including the temple and two restaurants….reports Asian Lite News In a deeply disturbing incident of racial violence, a
Go toTop

Don't Miss

ZAMBIA’S NEW JEWEL

Zambia commissioned an ultra-modern international conference center financed by China

China seals rail project deal with Tanzania, Zambia

The Tanzanian and Zambian president are in Beijing for the