{"id":51139,"date":"2023-11-04T19:20:21","date_gmt":"2023-11-04T19:20:21","guid":{"rendered":"https:\/\/www.africa-press.net\/zambia\/all-news\/2-5-billion-pounds-uk-investment-in-zambian-mining-sector-2"},"modified":"2023-11-04T19:45:18","modified_gmt":"2023-11-04T19:45:18","slug":"2-5-billion-pounds-uk-investment-in-zambian-mining-sector-2","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/zambia\/all-news\/2-5-billion-pounds-uk-investment-in-zambian-mining-sector-2","title":{"rendered":"2.5 billion pounds UK investment in Zambian mining sector"},"content":{"rendered":"<p><span style=\"color: #ff6600\"><strong>Africa-Press &#8211; Zambia. <\/strong><\/span>Zambia is set to benefit 2.5 billion pounds from the United Kingdom. According to a statement issued by Lead Jonathan Siame at the British High Commission in Lusaka, the funds to be generated from the British private sector are to be invested in Zambia\u2019s mining sector.<\/p>\n<p>The UK will also inject five hundred million pounds government backed investments. Additionally, the UK will mobilise one hundred and fifty million pounds that will be invested into small to medium sized enterprises. Mr Siame said UK and Zambia firms are expected to benefit from the commercial opportunities and contribute to the growth of both economies.<\/p>\n<p>\u201cSupporting the Foreign Secretary\u2019s drive to prioritize future-focused, mutually beneficial partnerships on his visit to Africa this week, these new targets include generating up to \u00a32.5 billion of British private sector investment in Zambia\u2019s mining, minerals and renewable energy sectors, delivering up to \u00a3500 million of UK Government-backed investments and mobilising up to \u00a3150 million of private sector investment into small to medium-sized enterprises (SMEs),\u201d said Mr Siame.<\/p>\n<p><strong>For More News And Analysis About <a href=\"https:\/\/www.africa-press.net\/zambia\">Zambia<\/a> Follow <a href=\"https:\/\/www.africa-press.net\/\">Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Africa-Press &#8211; Zambia. Zambia is set to benefit 2.5 billion pounds from the United Kingdom. According to a statement issued by Lead Jonathan Siame at the British High Commission in Lusaka, the funds to be generated from the British private sector are to be invested in Zambia\u2019s mining sector. The UK will also inject five [&hellip;]<\/p>\n","protected":false},"author":84,"featured_media":51137,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5],"tags":[234,235,233],"class_list":["post-51139","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","tag-africa-press","tag-africa-press-zambia","tag-zambia"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.1 (Yoast SEO v27.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>2.5 billion pounds UK investment in Zambian mining sector - Zambia<\/title>\n<meta name=\"description\" content=\"Zambia is set to benefit 2.5 billion pounds from the United Kingdom. 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