L-R: Aigboje Aig-Imoukhuede, chairman of Access Holdings, and President Hakainde Hichilema of Zambia in Lusaka, Zambia.
Aigboje Aig-Imoukhuede, chairman of Access Holdings, has pledged up to $100 million in financing to support Zambia’s power projects.
In a statement on Wednesday, Access Holdings said Aig-Imoukhuede made the commitment during a high-level meeting with President Hakainde Hichilema of Zambia in Lusaka.
“Discussions centred on Zambia’s energy and agriculture sectors, with the chairman pledging up to $100 million in financing for strategic projects aimed at closing the country’s power generation and transmission gaps,” the statement reads.
The bank said Hichilema welcomed the pledge, noting that increased energy investment would boost key industries, especially mining, with copper production projected to hit one million metric tonnes this year.
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Access Holdings said the chairman also paid a visit to Vice-President W.K. Mutale Nalumango of Zambia, where the spotlight shifted to the bank’s community impact and growing footprint in Zambia.
“She cited the renovation of Maternity Ward B03 at the University Teaching Hospital and ongoing capacity-building programmes for women as clear examples of the group’s commitment to social transformation,” the bank said.
“Aig-Imoukhuede was joined by Access Bank Zambia Managing Director, Lishala C. Situmbeko, and Acting Board Chairperson, Mildred Kaunda, who reiterated the subsidiary’s role in delivering innovative financial solutions and empowering Zambians.”
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Speaking during the visit, Aig-Imoukhuede said Zambia is central to Access Holdings’ pan-African vision, reaffirming its commitment to building lasting partnerships that drive prosperity and enhance livelihoods.
According to the statement, the chairman’s visit to Lusaka came shortly after participating in the Africa–Caribbean trade and investment forum (ACTIF) 2025, where he joined government leaders, investors and business executives to explore opportunities for stronger Africa–Caribbean economic collaboration.
At the forum, discussions focused on tourism, agriculture, renewable energy, and digital trade, highlighting the untapped potential for trade and investment flows between the two regions.
Sunmbo Olatunji, chief executive officer (CEO) for Caribbean expansion at Access Bank, who accompanied the chairman, described the bank as a “bridge” for cross-continental partnerships, underscoring the group’s commitment to long-term, sustainable growth.
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