• The country needs Public Private Partnerships for the economy to grow.
• There is a lot of innovation and creativity amongst young people but they lack start-up capital.
• With right partnerships, entrepreneurs are going to unleash their potential for the country to develop.
Zambian Empowerment Hub for Entrepreneurship and Skills Training (ZEHEST) says plans by 30 Italian companies to invest and partner with Small and Medium Enterprises (SMEs) will help the economy to grow once actualized.
Speaking in an interview with Money FM News, Organization Executive Director Clarence Muzyamba stated that this is what SMEs have been waiting for, because Public Private Partnerships (PPPs) are need in order for the economy to grow.
Mr. Muzyamba said that young entrepreneurs want to know details of the program so that they can also benefit.
“That is a welcome move for us as young people, such are the partnerships that we have been waiting for. In order for our economy to grow, we need Public Private Partnerships (PPPs) and that is a right step in the right direction.”
“As young people, we are excited and we really want to know the details of that program so that the youth whom we represent can also find themselves in that program,” Mr. Muzyamba stated.
He added that there is a lot of innovation and creativity amongst young people but that they lack start-up capital, networking and collaboration for their businesses to thrive.
“We have a lot of innovation and creativity amongst our young people but what we lack as entrepreneurs is a little bit of start-up in terms of capital, networking and collaboration. So with right partnerships and collaborations like this one, we are going to unleash our potential for our country to develop,” he said.
According to Italian Ambassador to Zambia Antonino Maggiore, over 30 companies are interested in investing and partnering with Zambian Small and Medium Enterprises (SMEs), noting that the country has incredible potential to develop SMEs.
