Business in Zambia, Lusaka

The aims of the subject “Foreign Trade and Business in the Republic of Zambia” are the following:

1. To analyse the Zambian Economy and Foreign Trade (Import, Export, FDI)
2. To know the business opportunities in the Republic of Zambia
3. To explore the Zambian trade relations with the country of the student
4. To know the Zambian Trade Agreements
5. To examine the profile of Zambian Companies
6. To develop a business plan for the Zambian Market

1. Trans-African Corridors
   1. Beira-Lobito Corridor
   2. Lobito Corridor
   3. Cairo-Gaborone Corridor
   4. North-South Corridor
   5. Central Corridor
   6. Asia-Africa Growth Corridor
2. Nearest ports:
   1. Port of Lobito (Angola) and Port of Luanda (Copper Corridor of Zambia)
   2. Port of Maputo (Mozambique, inland Port of Chipata)
   3. Port of Dar es-Salaam (Tanzania): by Railway
   4. Port of Durban (South Africa). Distance Port of Durban-Lusaka: 2,165 kilometres
   5. Port of Walvis Bay (Namibia). Via the Trans-Caprivi Corridor-Katima Mulilo Bridge

Zambian Preferential Access and Free Trade Agreements

1. Zambia and the Southern African Economic Area
2. Common Market for Eastern and Southern Africa (COMESA)
3. Southern African Development Community (SADC)
   1. European Union-SADC Free Trade Agreement (FTA)
4. COMESA-EAC-SADC Tripartite Agreement
5. African Continental Free-Trade Area (AfCFTA)
6. United States-Zambia
   1. African Growth and Opportunity Act (AGOA)
   2. COMESA-United States Agreement
7. European Union-Zambia
   1. Africa-European Union Strategic Partnership (Cotonou Agreement)
   2. Generalised System of Preferences (EU-GSP)
8. Bilateral Trade Agreements with China, Canada, India, and Japan
9. International Conference on the Great Lakes Region (ICGLR)

Trade Facilitation Programs

1. World Trade Organisation (WTO)
   1. WTO Agreement on Sanitary and Phytosanitary Measures (SPS)
   2. WTO General Agreement on Trade in Services (GATS)
   3. WTO Agreement on Technical Barriers to Trade (TBT)
   4. WTO Agreement on Preshipment Inspection (PSI)
   5. WTO Agreement on Safeguards (SG)
   6. WTO Trade Facilitation Agreement (TFA)
2. World Customs Organisation (WCO)
   1. Revised Kyoto Convention (RKC)
3. Convention concerning International Carriage by Rail (COTIF)
4. International Bureau of Containers and Intermodal Transport (BIC)
5. International Civil Aviation Organisation (ICAO, Chicago Convention)
6. International Maritime Organisation (IMO)
7. Convention on the Carriage of Goods by Sea (Hamburg Rules, UN)

African Trade and Economic Organisations

1. Economic Commission for Africa (ECA)
2. African Union (AU)
   1. African Union Convention on Preventing and Combating Corruption
   2. African Union Development Agency (AUDA-NEPAD)
3. African Development Bank (AfDB)
4. Africa-Asia Strategic Partnership (NAASP)
5. Africa-India Framework for Cooperation
6. Africa-BRICS (Brazil, Russia, India, China, South Africa)
7. Africa-Turkey Partnership
8. Afro-Arab Cooperation
9. Arab Bank for Economic Development in Africa (BADEA)
10. Africa-Korea Partnership
11. Africa-Japan Cooperation (TICAD)
12. Africa-South America Summit (ASA)
13. Forum on China-Africa Cooperation

Global Economic Organisations

1. World Bank (WB)
2. World Trade Organisation (WTO)
3. International Monetary Fund (IMF)
4. United Nations (UN)
   1. Conference on Trade and Development (UNCTAD)
   2. International Trade Centre (INTRACEN)
   3. World Intellectual Property Organisation (WIPO)

The Republic of Zambia

Zambia is a landlocked African Country.

1. Zambian Population: 16.6 million people
   1. Bantu
2. Zambia is one of the most highly urbanised countries in the African Continent
3. Zambian Area: 752,618 square kilometres
4. Capital of Zambia: Lusaka (2 million people, 60% unemployed)
5. Zambian official language: English. 85 local languages
6. Zambia shares borders with eight African Countries: Angola, Botswana, the Democratic Republic of the Congo, Namibia, Malawi, Mozambique, Tanzania, and Zimbabwe

More information about Zambia (EENI African Portal).

Main religions in Zambia:

1. African Traditional Religions
2. Christianity (75%), 4.5 million Methodist
3. Baha'i faith

Zambia belongs to the Southern African Economic Area (African Civilisation).

Economic Profile of Zambia.

1. Zambian gross domestic product (GDP) growth rate: 6.5 (2013), 7.3% (2012), and 6.8% (2011)
2. Main contributors to the GDP of Zambia: agriculture (12.2%), mining (8%), manufacturing (11.2%), and construction (13.0%)
3. Zambia is a African frontier market
4. Top Zambian sectors: Copper Mining Industry, agriculture, energy, manufacturing, and tourism
5. Zambian GDP per capita 377 dollars
6. Inflation rate: 7.3%
7. Merchandise imports (% of the GDP): 39
8. Merchandise exports (% of the GDP): 45
9. Copper: 70% of the export earnings of Zambia
10. Zambia: 20% of the World's emerald production
11. Foreign Direct Investment (FDI) into Zambia: 4 billion dollars
12. Legal System of Zambia: Common Law
13. Currency of Zambia: Zambian Kwacha (ZMW) = 100 Ngwee
14. Abundance of mineral deposits and water
15. High transport costs (Landlocked country)