Trade Kings invests over US$1 billion in Industrial Development

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Trade Kings Group says it has invested more than US$1 billion in industrial development, including US$110 million towards Zambia's first starch and glucose plant at the Lusaka Multi-Facility Economic Zone.

The investment is part of the company's broader strategy to strengthen local manufacturing, support agriculture and expand Zambia's participation in regional markets.

Speaking during a media briefing ahead of the 2026 Agricultural and Commercial Show of Zambia, Trade Kings Group Public Relations Manager Dr. Bridget Kambobe said the company remains committed to supporting sustainable economic growth and industrialisation.

She said Trade Kings currently procures approximately 126,000 tonnes of locally grown maize annually, creating a market for local farmers while supporting the development of the country's manufacturing sector.

Dr. Kambobe said the company's investments were aligned with this year's Agricultural and Commercial Show theme, “Fostering Trade and Investment,” which she said resonates with Trade Kings' longstanding commitment to connecting businesses, communities and markets.

“Trade goes beyond the exchange of goods. It is about creating meaningful connections, empowering communities and building lasting partnerships that promote shared prosperity,” she said.

Dr. Kambobe said Trade Kings had transformed from a local enterprise into one of Zambia's leading manufacturing companies over the past three decades and had expanded its operations across Southern Africa.

She said the company continues to invest in manufacturing, agriculture and human capital as part of its contribution to Zambia's economic transformation and regional integration.

According to Dr. Kambobe, Trade Kings manufactures more than 300 household consumer brands, exports its products across Southern Africa and continues to pursue import substitution through local manufacturing.

She said the strategy was helping strengthen Zambia's position as a competitive manufacturing hub while reducing reliance on imported products.

Dr. Kambobe said Trade Kings directly employs more than 17,500 people and maintains strong linkages with local farmers and cooperatives through its procurement of agricultural raw materials.

She said the company's contribution extends beyond manufacturing, with the Trade Kings Foundation supporting programmes in health, education and social development.

“These investments are creating sustainable livelihoods, strengthening local supply chains and promoting inclusive economic growth,” Dr. Kambobe said.

She said the company's focus on local sourcing and industrial production was intended to ensure that the benefits of economic activity extended beyond the factory floor to farmers, suppliers, employees and communities.

Dr. Kambobe further said Zambia's participation in regional integration initiatives and opportunities presented by the African Continental Free Trade Area (AfCFTA) could create new markets for locally manufactured products.

“As Zambia embraces opportunities under regional integration and the African Continental Free Trade Area, Trade Kings remains focused on innovation, expanding regional markets and creating lasting value for consumers, businesses and communities across the continent,” she said.

She said Trade Kings would continue investing in innovation and productive capacity as it seeks to contribute to Zambia's industrialisation agenda and strengthen its footprint in regional markets.

Ends

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