Ghana and Zambia have agreed to strengthen their mutual cooperation, particularly in the areas of trade and investment. This commitment was made following a visit to Lusaka by Ghana’s Foreign Minister, Shirley Botchwey, where she met with Zambian President Hakainde Hichilema.
During their meeting, President Hichilema emphasized the importance of trade and investment for the stability and development of both countries. Minister Botchwey and her acting Zambian counterpart, Mr. Mulambo Haimbe, signed two Memoranda of Understanding (MoU) covering various forms of cooperation between the two countries, including defense cooperation and mechanisms for promoting commercial, economic, cultural, technical, scientific, and political cooperation.
In addition to discussing trade and investment, Minister Botchwey’s visit to Lusaka also included closed-door discussions with President Hichilema regarding her candidacy for Commonwealth Secretary-General. Ghana and Zambia share a strong historical bond, dating back to their independence struggles led by Presidents Nkrumah and Kaunda. This historical connection provides a solid foundation for furthering a strong business relationship, especially in light of the African Continental Free Trade Area (AfCFTA).
During a comprehensive lecture in Accra earlier this month, Minister Botchwey outlined her vision for a “new Commonwealth,” which includes a focus on trade and investment, harnessing ICT for skills and innovation, and addressing climate change. These discussions and commitments demonstrate the strong potential for increased collaboration between Ghana and Zambia in various areas, ensuring mutual benefits for both countries.
