Zambia | The Africa List

Well respected across Africa for long term political stability, Zambia’s peaceful democracy has provided a solid foundation for decades of steady growth. Copper remains the country’s major export although the private sector is becoming increasingly diversified. With only 15 million people, Zambia has vast areas of arable land, plentiful water and untouched wilderness encouraging both agriculture and tourism.

Africa’s largest producer of Copper and Cobalt – 9th globally

Vast mineral wealth including the largest emerald mine in the world

45% of the total fresh water resources in Southern Africa are found in Zambia

The third most urbanised country in sub-Saharan Africa

Highly connected bordering 8 countries – only surpassed by Russia, China, Brazil and DRC

Strong regional integration with favourable cross-border trade agreements as part of COMESA and SADC

‘The Africa List is clearly doing some great work and helping us to be more exposed and networked.’

RUTH SIMUYEMBA, HEAD OF HR, STANDARD CHARTERED, ZAMBIA

ZAMBIA WORKING GROUP

Each local working group is selected from within The Africa List community based on their sector expertise and deep personal networks within each country. They are integral to the success of The Africa List and play a leading role in guiding the selection process of new members, helping to ensure that a diverse selection of the best companies and leaders are represented.

DOLIKA BANDA (CHAIR),
INDEPENDENT
CONSULTANT

Dolika previously served as Acting Managing Director of CDC’s Africa Funds team, as well as serving as CDC’s Regional Director. Dolika joined CDC Group from the International Finance Corporation (IFC), where she worked for 16 years, most recently as its Director, Financial Markets, with full managerial responsibility for the IFC’s financial markets activities across sub-Saharan Africa, Latin America and the Caribbean, including a portfolio of over US$5bn and 250 projects. Dolika began her career with Citibank and then Barclays in Zambia.

INUTU ZALOUMIS,
MANAGING DIRECTOR,
PAM GOLDING

Inutu has over ten years experience in Zambia’s real estate industry, initially in property development working on two of Lusaka’s biggest shopping malls, and for the past eight years leading the Zambia operations of Southern Africa’s leading real estate group Pam Golding. She has a Bachelor in Business Administration from Copperbelt University.

TEMBWE MUTUNGU,
PRINCIPAL,
ROHA VENTURES

Tembwe is a principal at Roha Ventures, a business development firm that builds industrial companies in Africa, identifying opportunities to launch new businesses and developing ventures from start to finish. Prior to that he led the performance turnaround for Tanelec (Z) Limited, a transformer distribution, repair and power solutions provider in Zambia first established in 1990. Previously Tembwe was a Director of Gomes Holdings, and worked with McKinsey & Co. in South Africa. Tembwe holds an MBA from The Wharton School at the University of Pennsylvania.

DANIEL REA,
GROUP PROJECTS DIRECTOR
FIRST WAVE

Daniel has over 10 years experience in large infrastructure projects with experience in Africa, Asia and Europe in transport, water, energy, real estate and social infrastructure sectors – greenfield and regeneration. He worked for Arup as a chartered civil engineer and project manager. He joined KPMG London in 2007 and in 2013 moved to Zambia to develop KPMG’s infrastructure advisory business in the region before joining Grindrod. He was currently managing the North West Rail project for Grindrod – a project to build and then operate a c.600km , $1.2bn greenfield railway across north-west Zambia.

MUKWANDI CHIBESAKUNDA,
CEO, NATSAVE BANK

Mukwandi Chibesakunda is an Economist by profession, and has functioned in various banking services industry roles during her career. She previously worked at Standard Chartered Bank Zambia as Executive Director, Consumer Banking where she was until 2009. Prior to that she worked for Bank of Zambia as Central Bank inspector in charge of 14 banks under liquidation. Mukwandi has an MBA from Manchester Business School, and a Bachelor in Economics from the University of Zambia.

SIPHO PHIRI,
EXECUTIVE CHAIRMAN,
WESTERN POWER COMPANY

Sipho is a Zambian entrepreneur and a banker by profession with extensive Corporate Finance, Transaction Advisory and Corporate Turnaround experience. Having left the consulting and finance world in 2006 to pursue his own business interests including a Hydroelectricity Generation project and a recent Grid Solar PV project. Sipho was the joint Managing Director of one of Zambia’s largest professional services and accounting firms from 1999 to 2006 and specialised in Corporate Finance. Sipho is currently the Honorary Consul for the Kingdom of Denmark

MICHAEL KROUPNIK,
DIRECTOR,
MICMAR

Michael is the Director of Micmar, a major supplier of all electrical, hardware and building materials, mining equipment, tools and households items. Additionally he is also the Director of KroupWood, a leading manufacturer of hardwood and pine timber products, and KroupMining & Processing Co which is a mini copper processing plant in Solwezi, NW Province. Michael is also a Non-Executive Director at Centurion Zambia.

NATASHA CHIUMYA,
MANAGING PARTNER,
FNC LEGAL

Natasha established the first niche legal practice in Zambia, focusing solely on corporate and commercial law, with a personal specialisation in insolvency, banking, corporate finance and property development. Prior to that she was an instrumental part of PricewaterhouseCooper’s corporate recovery team, and provided strategic advisory services to companies in South Africa and Zambia. Natasha obtained her honors degree in law from the University of Warwick, UK and was admitted to the Zambian Bar in 1999. Under the award of the prestigious Beit fellowship she obtained an MBA from the University of Cape Town, South Africa.