Who is eligible for Prospero support?

Potential intervention partners must meet three basic conditions:

  • Zambian registered legal entity: All intervention partners must be registered with the appropriate authority as a legal entity in Zambia.
  • Tax registered and compliant: All intervention partners must be able to demonstrate that they are registered for tax and are in compliance with tax obligations.
  • Authorised business activity: All intervention partners must possess any relevant sector licenses or permits for the proposed business activity.

Prospero only works with corporate or public sector entities, individuals are not eligible to become intervention partners.

What kind of partners does Prospero work with?

Intervention partners can be any eligible entity that falls into one of the following categories:

Sector firms

For-profit or not-for-profit private sector businesses working in one of our focus sector value chains, for example as a producer, aggregator, processor or retailer.

Service providers

For-profit or not-for-profit private sector business service providers targeting customers in one or more of our focus sectors, for example a financial services provider or a logistics business.

Business Membership Organisations

Registered business associations whose members are drawn from one of our focus sectors, for example a chamber of commerce.

Government agencies

Any public sector institution that participates in, supports or regulates business activities in one of our focus sectors.

Within these four categories, our intervention partners are extremely varied – we can work with businesses from small, recently established companies to large multi-national corporations.  We can work with large, sector wide or small, specialist business associations and with central, provincial or local government agencies.

The common feature that unites all of our partners is that they are as committed to investing in innovative products, services or business models that will make a profit for our partner by solving problems for Zambian SMEs.

What projects does Prospero Support?

Prospero is organised by focus sectors and initiatives, which are groups of intervention partnerships with a common theme. Within each of our seventeen initiatives, Prospero is actively seeking new intervention partnerships that will build on our existing portfolio and further contribute to achieving our strategic objectives. 

To give an indication of the kind of intervention partnerships we are looking for, some of the projects we have supported in the past include:

Food & Agriculture
  • Working with commercial small and medium enterprises including farms that provide employment to local people or services to local producers, food processing companies that source their inputs from smallholder farmers, adding value and selling quality food products in Zambia and abroad.
  • Working with aggregators that develop and operate out-grower schemes and with input companies that want to improve distribution of quality inputs to smallholder farmers.
  • Supporting investment in cold storage and other services and business models that reduce post-harvest losses and help to bring Zambian food products to domestic markets.
Mining & Mining Services
  • Working with large and medium sized mining companies and with chambers of commerce to improve access to procurement opportunities for Zambian manufacturing and maintenance services SMEs.
  • Working with mining sector SMEs to invest in new technology and develop technical skills to deliver world-class goods and services in the mining sector.
  • Working with mining companies to design and implement transformational local economic development plans that create jobs and livelihoods for neighbouring populations and secure the mine’s social license to operate.
Tourism & Hospitality
  • Working with businesses that promote Zambia as a tourist destination to improve their commercial sustainability. Examples include tourism service businesses, public institutions and museums and art galleries.
  • Supporting the development and implementation of a comprehensive destination management plan for Livingstone to improve the tourist experience and more tourists to the city, encouraging them to stay longer and spend more money with local businesses.
  • Working with organisations that are interested to promote conservation and sustainable tourism to increase the positive economic impact of Zambia’s natural assets.
  • Working with crafts producers and aggregators to improve their products and with export agents to build linkages.
Invesment Services
  • Through our partnerships with Impact Capital Africa (ICA), we have worked with numerous Zambian SMEs, helping them to raise more than US$60 million in investment finance. We also piloted a crowd-funding scheme to raise finance for social-impact businesses from Zambian high net worth individuals.
  • Supporting the establishment of an early growth stage investment fund for Zambian SMEs.
Business Serivces
  • Working to incentivize rural economic activity by establishing rural enterprise hubs which serve as innovative distribution centres providing goods and services to remote markets.
  • Supporting the launch of the Zamb2b.com online platform which connects suppliers with large buyers.