Industrial Development Corporation Zambia

Industrial Development Corporation Zambia IDC was established to spearhead the development of Zambia’s domestic industrial capacity and in doing so play a major role in creating jobs.
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IDC was established to spearhead the development of Zambia’s domestic industrial capacity, and in doing so play a major role in creating jobs. IDC expects to be instrumental in the establishment of industries across the agriculture, livestock and forestry value chains, tourism, manufacturing, mining, infrastructure and financial services. IDC is one of the key implementing agencies of the Zambian

Government’s Industrialization and Job Creation Strategy with identified growth sectors as drivers. IDC actively identifies investment opportunities for sector development in line with GRZ policy objectives and plays a catalytic role by developing projects either on its own or in partnership with private sector players and other development oriented agencies.

04/06/2026

Season Four(4) of the award winning IDC in 5 is back!

IDC SUBSIDIARIES SHINE AT 2025 ZAMBIA INSTITUTE OF MARKETING AWARDSIndustrial Development Corporation (IDC) subsidiaries...
01/06/2026

IDC SUBSIDIARIES SHINE AT 2025 ZAMBIA INSTITUTE OF MARKETING AWARDS

Industrial Development Corporation (IDC) subsidiaries recorded an impressive performance at the 2025 Zambia Institute of Marketing (ZIM) Annual Marketing Awards, earning recognition across key categories that celebrate excellence in marketing, customer service, public service delivery and brand communications.

The achievements underscore the IDC Group’s commitment to innovation, customer-centricity and service excellence in support of Zambia’s socio-economic development.

INFRATEL won the Most Creative Television Advertisement of the Year award for its Reinvent Business campaign, which positions the company as a key driver of Zambia’s digital transformation agenda.

ZANACO emerged as one of the evening’s top performers through its You First Campaign, receiving awards for Most Creative Print Advertisement of the Year, Most Creative Outdoor Advertisement of the Year and Best Digital Marketing Campaign of the Year. These recognitions reflect the bank’s investment in customer-focused marketing strategies that promote financial inclusion and strengthen customer engagement.

ZAMTEL was honoured for its dedication to service quality, winning Best Customer Service Organisation of the Year (Public Sector) and Best Public Service Delivery Organisation of the Year. The awards highlight its efforts to enhance customer experience and provide reliable telecommunications services nationwide.

The strong performance of IDC subsidiaries demonstrates the Group’s focus on building innovative, customer-oriented institutions that contribute to Zambia’s economic growth and national development.

IDC congratulates INFRATEL, ZANACO and ZAMTEL, as well as their leadership and employees, for these outstanding achievements.

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IDC Runners Race to the Finish Line for the Girl Child and WomenThe IDC Runners proudly participated in the Wonderful Gr...
30/05/2026

IDC Runners Race to the Finish Line for the Girl Child and Women

The IDC Runners proudly participated in the Wonderful Group Marathon, joining hundreds of athletes and fitness enthusiasts in a race dedicated to supporting the welfare and empowerment of the girl child and women.

Demonstrating determination, teamwork, and resilience, the team embraced the spirit of the event, completing the race while championing a cause that promotes education, health, and opportunities for women and girls in our communities.

Throughout the marathon, the IDC runners displayed exceptional enthusiasm and unity, encouraging one another from start to finish.

Their participation reflected not only a commitment to physical wellness but also a shared responsibility to contribute to meaningful social causes.

The vibrant atmosphere, coupled with the team's positive energy, made the event a memorable experience for all who took part.

As they crossed the finish line, the IDC team celebrated more than just the completion of a race, they celebrated the power of collective action and community support.

Their involvement in the Wonderful Group Marathon reinforces IDC's dedication to initiatives that uplift and empower women and girls.

The event served as a reminder that every step taken today contributes to building a brighter and more inclusive future for generations to come.

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Proud and Free. Happy Africa Freedom Day, from all of us at IDC
25/05/2026

Proud and Free. Happy Africa Freedom Day, from all of us at IDC

ZAMBIA DAILY MAIL INNOVATES WITH YOUTH DIGITAL APP AND EXPRESS BUS SERVICEZambia Daily Mail has launched two major initi...
21/05/2026

ZAMBIA DAILY MAIL INNOVATES WITH YOUTH DIGITAL APP AND EXPRESS BUS SERVICE

Zambia Daily Mail has launched two major initiatives aimed at strengthening business sustainability and diversifying its revenue streams through digital innovation and transport services.

The media institution, wholly owned by the Industrial Development Corporation (IDC) officially unveiled the rebranded Young Mail newspaper, website and mobile application, alongside the launch of the Daily Mail Express Bus Service, which will initially operate on the Lusaka–Solwezi route.

This occasion marks a significant milestone not only for Zambia Daily Mail, but also for IDC, which provides oversight to its subsidiaries for business sustainability.

Speaking during the launch, Ministry of Information and Media Permanent Secretary Mr. Thabo Kawana described the developments as an important step in demonstrating how public media institutions can adapt to the changing business environment.

“These initiatives demonstrate how a public media institution can innovate, diversify and remain relevant in today’s fast-changing digital economy,” Mr. Kawana said.

He said through both print and digital platforms, Young Mail is expected to provide credible, engaging and accessible content tailored to young audiences. Mr. Kawana added that the initiative aligns with Government’s agenda of promoting youth participation in media while combating misinformation through trusted content.

Mr. Kawana further said the Daily Mail Express Bus Service would strengthen courier and logistics operations, improve newspaper distribution and enhance connectivity along the Lusaka–Solwezi route while creating employment opportunities.

IDC Chief Executive Officer Mr. Cornwell Muleya, in a speech read on his behalf by Ms Sombo Kaweza, Head of Portfolio – Manufacturing and Agriculture, described the transformation as a model of resilience and adaptability among State-owned enterprises.

“As IDC, we view this transformation as a model of resilience and adaptability. It demonstrates that State-owned enterprises can innovate, modernise, diversify and compete effectively,” Mr. Muleya said.

He said the rebranding of Young Mail into a digital-first platform targeting readers aged between 10 and 25 years was both bold and timely.

Zambia Daily Mail Board Chairperson Mr. Belly Dubeka said the initiatives form part of the company’s 2026–2030 Strategic Plan aimed at repositioning the institution in a competitive media landscape.

“In this environment, it is no longer business as usual. It is survival of the fittest. Those who innovate and distinguish themselves on the market will thrive,” Mr. Dubeka said.

Acting Managing Director Mrs. Emelda Musonda said Young Mail had been repositioned to promote a strong reading culture and provide educational and inspiring content for young people.

She added that the bus service would strengthen the company’s revenue base and contribute to long-term institutional sustainability beyond traditional newspaper operations.

𝘗𝘩𝘰𝘵𝘰𝘴 𝘤𝘰𝘶𝘳𝘵𝘦𝘴𝘺 𝘰𝘧 𝘡𝘢𝘮𝘣𝘪𝘢 𝘋𝘢𝘪𝘭𝘺 𝘔𝘢𝘪𝘭

Secretary to the Cabinet Commissions US$6 million New Facility Wing at Lusaka Trust HospitalSecretary to the Cabinet Mr....
21/05/2026

Secretary to the Cabinet Commissions US$6 million New Facility Wing at Lusaka Trust Hospital

Secretary to the Cabinet Mr. Patrick Kangwa has commissioned the newly constructed facility wing at Lusaka Trust Hospital, reaffirming Government’s commitment to strengthening the country’s healthcare sector through investment in modern medical infrastructure.

Speaking during the commissioning ceremony in Lusaka, Mr. Kangwa said Government recognizes that quality healthcare delivery is dependent on modern infrastructure capable of supporting efficient, accessible, and patient-centered medical services.

Mr. Kangwa noted that investments in health infrastructure remain critical to improving healthcare outcomes and enhancing public confidence in the health system.

He commended Lusaka Trust Hospital for complementing Government’s efforts to provide quality healthcare services to the people of Zambia, adding that the expansion reflects the growing importance of public-private collaboration in the health sector.

Speaking at the same event, IDC Chief Executive Officer Mr. Cornwell Muleya said the development of the facility represents an investment of approximately US$6 million.

Mr. Muleya stated that the milestone has been achieved through the collaborative efforts of the hospital board, management, IDC as a shareholder, key financial partners, and other stakeholders.

He added that the project aligns with Zambia’s National Health Strategic priorities, including strengthening healthcare infrastructure, improving access to quality healthcare, and advancing universal health coverage.

Meanwhile, Lusaka Trust Hospital Board Chairperson Mr. Chabala Lumbwe said the hospital’s vision is to be a significant contributor to the national policy of providing quality health services of international standards for people living in Zambia.

He noted that the new facility demonstrates the institution’s commitment to excellence, innovation, and improved patient care.

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ZPEC OIL REFINERY PROJECT GETS INVESTMENT PROTECTION AND PROMOTION AGREEMENTThe Zambia Development Agency (ZDA) has sign...
19/05/2026

ZPEC OIL REFINERY PROJECT GETS INVESTMENT PROTECTION AND PROMOTION AGREEMENT

The Zambia Development Agency (ZDA) has signed an Investment Protection and Promotion Agreement (IPPA) with Zambia Petrochemical Energy Company Limited (ZPEC), marking another major milestone in the development of the planned US$1 billion petroleum refinery in Ndola.

ZPEC, a joint venture between the Industrial Development Corporation (IDC) and China’s Fujian Xian Xin, is spearheading the project, which is expected to process up to 60,000 barrels of crude oil per day once operational. The refinery is anticipated to play a key role in strengthening Zambia’s energy security while supporting industrial growth across the region.

Speaking during the signing ceremony, IDC Chief Executive Officer Mr Cornwell Muleya said the agreement signified continued progress towards the realization of the refinery project, following the recent groundbreaking ceremony held in Ndola.

Mr Muleya said the groundbreaking event demonstrated the commitment of all stakeholders and paved the way for construction works to commence later this year. He expressed optimism that by next year, visible progress would have been made on the project.

“We are very happy that we’re reaching this stage,” Mr Muleya said. “We are looking forward to the actualization of our project and by this time next year, we hope there will be very visible signs of what we would have achieved.”

He also commended the ZDA for its collaboration and support in ensuring policy alignment and compliance with all procedures required for the government to fully support the initiative.

Mr Muleya noted that the refinery’s benefits would extend beyond energy security, saying the project would positively impact the lives of many Zambians through economic growth and job creation.

Meanwhile, ZDA Director General Mr Albert Halwampa said the signing of the IPPA sends a strong signal to investors that Zambia remains a safe and attractive investment destination.

Mr Halwampa said the agreement assured investors of the security of their investments and highlighted Zambia’s peaceful environment and stable policy framework.

"We're very proud to have signed the IPPA because it gives you the assurance that you're investing in a country that's safe and peaceful...and your returns on investment are safe," he said.

He added that the refinery project comes at a critical time when global geopolitical tensions continue to disrupt oil supply chains, emphasizing that the facility would not only serve Zambia but the wider region as demand for energy increases alongside the country’s push to raise copper production to three million metric tonnes.

Mr Halwaampa added that huge investments like these were a result of President Hakainde Hichilema's leadership in the pursuit for investment promotions and stable business policies for the country.

Today, IDC staff joined the nation in commemorating International Labour Day with a march from Lusaka Civic Centre to th...
01/05/2026

Today, IDC staff joined the nation in commemorating International Labour Day with a march from Lusaka Civic Centre to the Freedom Statue, where we were honoured to be addressed by Her Honour, Vice‑President Mrs. W.K. Mutale Nalumango.

Through its 36 subsidiaries, the IDC Group of Companies plays a pivotal role in Zambia’s economy and supports more than 20,000 jobs across key sectors including manufacturing, mining, agriculture, finance, and infrastructure.

Aligned with this year’s theme, "Securing Zambia's Future of Work: Protecting Jobs, Skills and Pensions for Decent Work for All," IDC mobilises capital, develops local industry, and strengthens supply chains to drive value creation that boosts GDP, expands export capacity, and fosters regional development.

Beyond direct employment, IDC’s investments build skills, support small and medium enterprises, and enhance pension security for workers, contributions that promote social stability and long‑term prosperity.

We celebrate the dedication, resilience, and innovation of our workforce and partner enterprises, whose efforts are central to securing Zambia’s future of work and sustainable economic growth.

A KK MARATHON TO REMEMBERThe 2026 KK Marathon stood as a powerful tribute to Kenneth David Kaunda, fondly remembered as ...
28/04/2026

A KK MARATHON TO REMEMBER

The 2026 KK Marathon stood as a powerful tribute to Kenneth David Kaunda, fondly remembered as the founding father of Zambia. More than just a sporting event, the marathon embodied Dr. Kaunda’s enduring legacy of unity, resilience, and national pride.

As participants from across the country gathered, the event served as a moment of reflection on his values and the role each citizen plays in building a stronger, more inclusive nation.

For the country, the marathon continues to be a symbol of collective purpose ,bringing together people from diverse backgrounds in a shared pursuit of health, remembrance, and solidarity.

It reinforces the importance of active lifestyles while promoting national cohesion, echoing the ideals Dr. Kaunda championed throughout his life. The 2026 edition saw increased participation and enthusiasm, underscoring its growing significance on Zambia’s national calendar.

For the Industrial Development Corporation (IDC) team, the marathon was more than a race.

It was an opportunity to strengthen bonds, promote wellness, and foster teamwork beyond the workplace.

Staff members ran side by side, encouraging one another and demonstrating the spirit of togetherness that defines the institution.

In every stride, the IDC team reflected not only a commitment to fitness, but also a shared dedication to unity and excellence in service to the nation.

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Address

61 Independence Avenue, Prospect Hill
Lusaka
10101

Opening Hours

Monday 08:00 - 17:00
Tuesday 08:00 - 17:00
Wednesday 08:00 - 17:00
Thursday 08:00 - 17:00
Friday 08:00 - 17:00

Telephone

+260211843567

Website

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