Zambia to benefit from 4.5bn Euros

By Hannock Kasama

Zambia will be among  countries that will benefit from a 4.5 billion Euors Global Fund for Sustainable Development from Italy.

This follows the signing of a Memorandum of Understanding on Sustainable Development Cooperation between Zambia and Italy.

Foreign Affairs and International Cooperation Minister MULAMBO HAIMBE and Italian Ambassador to Zambia ENRICO DE AGOSTINI have signed the Memorandum of Understanding in Lusaka today.

The MoU will be implemented bilaterally between Zambia’s Ministry of Green Economy and Environment and Italy’s Ministry of Environment and Energy.

Speaking during the function in Lusaka today, Foreign Affairs and International Cooperation Minister MULAMBO HAIMBE said Zambia cherishes its longstanding bilateral relations with Italy.

Meanwhile Italy’s Ministry of  Foreign Affairs  Development Cooperation Director General  STEFANO GATTI  said  the  Memorandum of Understanding on Sustainable Development Cooperation between Zambia and Italy  is key to deepening bilateral relations between
the two countries.