US$19 billion windfall for Zimbabwe

📅 Published: August 26, 2025

Curated by AllZimNews.com

The initiative forms part of President Mnangagwa’s broader engagement and re-engagement policy, aimed at attracting long-term strategic investment into key sectors of Zimbabwe’s economy.

Speaking after arrival, Ambassador Mahomed Jassat, Director of Public Relations and Chief Advisor to Sheikh Mansour, reaffirmed the delegation’s commitment to Zimbabwe. “We promised President Mnangagwa that we would bring investment from Qatar.

We envisage approximately US$19 billion flowing into Zimbabwe’s economy.

We are proud to have brought this investment back home and look forward to doing business with Zimbabwe,” he said.

Mr Nidal Ammach, Chairman of Mansour Holding, outlined the broad scope of the delegation’s investment interests, which include agriculture, livestock, food security, tourism, affordable housing, cyber security, and infrastructure such as ports and airports. “Our vision is long-term.

We aim to integrate all these industries to contribute to Zimbabwe’s sustained growth, including investments in a five-star hotel and other strategic sectors,” he said.

Over the past ten months, Qatar has laid the groundwork for this partnership, emphasizing mutual trust, strategic alignment, and a commitment to Zimbabwe’s prosperity.

The visit positions Zimbabwe as a central hub in Qatar’s regional investment strategy, alongside countries such as Zambia, Mozambique, Botswana, Angola, Burundi, and the Democratic Republic of the Congo.

The three-day agenda includes formal signing of bilateral agreements, a private engagement between President Mnangagwa and Sheikh Mansour, a joint press briefing, and site visits to key national projects.

This historic engagement signals a new chapter for Zimbabwe-Qatar relations and promises significant economic transformation for the nation.

Source – online More on: #Qatar, #Investment, Recommended (adsbygoogle = window. adsbygoogle || []). push({}); END RECOMMENDED –> Comments Disqus commenting system is no longer available, following change in their terms of use. –> More Top Stories –>. 🔗

” style=”color: #007bff;”>admin@allzimnews. com.

Get the complete story and stay updated with the latest Zimbabwe news