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HomeMarketsFNB Zambia & First Quantum Minerals sign MoU to strengthen local supplier participation in the mining sector

FNB Zambia & First Quantum Minerals sign MoU to strengthen local supplier participation in the mining sector

FNB Zambia and First Quantum Minerals (FQM) have signed a Memorandum of Understanding (MoU) aimed at enhancing access to financing for Zambian businesses seeking to participate in opportunities arising from the mining sector’s Local Content Regulations. The partnership will see FNB Zambia provide innovative financing solutions designed to support qualifying local suppliers with the working capital and trade finance required to fulfil procurement orders awarded by First Quantum Minerals. The initiative is expected to unlock growth opportunities for Zambian enterprises, strengthen local supply chains and contribute to sustainable economic development. Speaking at the signing ceremony, attended by the Zambian Business...

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