Categories: Development news

The 2025 Renaissance Convention and Impact Awards: A Catalyst for Zambia’s Economic Transformation

LUSAKA – The 2025 Renaissance Convention and Impact Awards has emerged as one of Zambia’s most influential platforms for economic renewal, uniting key leaders, institutions, and innovators with one shared mission: accelerating national growth through collaboration, investment, and strategic reform.

The high-level gathering brought together voices from finance, energy, development, communications, and the private sector each offering powerful insights that underscored Zambia’s readiness for a new phase of economic expansion.

Tailored Finance and SME Empowerment Take Centre Stage

Opening the financial dialogue, First Alliance Bank MD & CEO, Dr. Kuldip Paliwal, delivered a compelling call for financial solutions crafted specifically for SMEs. He stressed that Zambia’s growth hinges on accessible, flexible financing models that allow small businesses to innovate, scale, and compete.

Adding regulatory depth, SEC representative Mr. Nonde Sichilima explored capital market development, urging the strengthening of MSME financing frameworks and the adoption of sustainable finance mechanisms that can unlock long-term economic stability.

Reinforcing the investment momentum, GIPZ CEO Mr. Musonda Chipalo outlined how flexible, long-term growth capital can support Zambia’s enterprise ecosystem. He emphasized that viable local businesses require not only funding but also ongoing strategic support to reach full potential.

Boosting Development Through Capacity Building

From the development sector, UNDP’s Ms. Muma B. Munansangu highlighted the crucial role of the Supplier Development Programme in preparing SMEs to integrate into corporate value chains. She noted that strengthening local procurement capacity is essential for job creation and inclusive economic growth.

Energy Sector Charts a Green Future

Energy innovation took center stage as CEC’s Verona Mwila-Nkolola presented a forward-looking blueprint for green investment, revealing how renewable energy will shape Zambia’s future power landscape. She emphasized that sustainable energy solutions are no longer optional they are central to Zambia’s competitiveness and resilience.

Adding governance perspective, energy expert Dr. Johnstone Chikwanda discussed policy evolution, regulatory strengthening, and energy transition frameworks necessary to ensure a stable and sustainable sector. His insights reinforced the urgency of balancing investment with environmental responsibility.

Communications, Branding, and Service Excellence Highlighted

From the communications sector, Posh Media CEO Suzyo Kilembe demonstrated the power of strategic storytelling and digital engagement in defining brand identity. He emphasized that strong communication is no longer a luxury but a critical tool for influencing public perception and amplifying business visibility.

In hospitality, Pamodzi General Manager, Ms. Evelin Botker, showcased the hotel’s ambitious rebranding programme, illustrating how innovation, customer-centricity, and modernization are reshaping Zambia’s service industry.

A Call for United Private-Sector Leadership

Closing the convention, North-Western Chamber President, Mr. Amos Kapi, delivered a compelling message on the need for coordinated private-sector leadership. He urged businesses to embrace regional representation, strengthen partnerships, and leverage collective strength to drive national progress.

Renewed Purpose for Zambia’s Growth Agenda

The 2025 Renaissance Convention and Impact Awards concluded with a renewed spirit of unity and ambition among stakeholders. With bold ideas, actionable insights, and cross-sector collaboration, the event has positioned itself as a driving force for Zambia’s next chapter of economic transformation one defined by innovation, resilience, and shared prosperity.

mubitasamuel0@gmail.com

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