Zambia and Saudi Arabia Sign MoU for Mineral Resource Cooperation

By Rosemary Kamanga

Zambia and Saudi Arabia have signed a Memorandum of Understanding (MoU) to foster cooperation in mineral resources.

The agreement, signed by Mines and Mineral Resources Minister Paul Kabuswe and Saudi Arabia’s Industry and Mineral Resources Minister Bandar Al-Khorayef, aims to promote knowledge sharing, expertise, and best practices between the two nations.

Mr. Kabuswe said the MoU unlocks new opportunities for investment and growth in the mining sector, leveraging Saudi Arabia’s expertise to develop Zambia’s rich mineral endowment sustainably.

Meanwhile, Mr. Al-Khorayef said the Saudi Arabian government is pleased to partner with Zambia to build a robust and sustainable future for the mining industry.

This is according to a statement to ZNBC by the Embassy of Zambia in Riyadh, Kingdom of Saudi Arabia.