An initiative aimed at enhancing wealth creation through entrepreneurship was launched here Wednesday by an association of economists.

The initiative dubbed “Zambia Citizen Entrepreneurship Development Program” has been launched by the Economics Association of Zambia in consultation with various government departments as well as the private sector.

Lubinda Haabazoka, president of the association, said the initiative brings together the public and private sectors in supporting business creation through the provision of funds, business skills, capacity building, input support on commercial terms and provision of markets for goods produced.

“This initiative is designed especially for women and youth groups and takes advantage of the president’s directive to enhance local participation in the real sector,” he told reporters during a press briefing.

The initiative, he said, focuses on key sectors such as agri-business, mining and urban development modules, adding that it was commercial in nature and open to all Zambians.

The initiative was one of the proposals that came from an economic summit held in 2018, he added.

He called on stakeholders, including various funders, to come on board to ensure that the initiative starts.

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