Lusaka, 19th July 2021: Foreign Direct Investment (FDI) is a key component of global economic integration and private external finance for developing countries. Not only does FDI add to investible resources and capital formation, but also promotes the transfer of production technology, skills, innovative capacity, and organizational and managerial practices between locations. In an era of the Covid-19 global pandemic, FDI can foster economic growth by providing resources critical for diversification as well as giving resilience to an economy against both internal and sudden external shocks.
