Stanbic & ZDA join forces to boost investment
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By Gillian Langmead LUSAKA, ZAMBIA – Stanbic Bank Zambia and the Zambia Development Agency (ZDA) have signed a Memorandum of Understanding (MoU) aimed at improving cooperation between the institutions in fostering investment in the economy. The MoU is an investment banking initiative that gives ZDA a proactive contact with private sector investors while Stanbic gets a direct link to government to facilitate the bank’s participation and support in national development matters. During the signing ceremony held at ZDA offices in Lusaka, ZDA Director General Perry Mapani said the agency’s strengths were complemented by Stanbic Bank’s desire to boost investment in...