Zimbabwe News Update
expressmail
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Businessnewsby nigel pfundeharare — the world’s richest black man aliko dangote landed in harare early wednesday morning for a landmark us$1 billion investment mission, marking one of the largest potential foreign direct investments the country has seen in years.Government sources confirmed that the nigerian billionaire’s visit is part of ongoing discussions to expand his industrial empire into zimbabwe’s key economic sectors including energy, mining and cement manufacturing.Dangote is expected to pay a courtesy call on president emmerson mnangagwa at state house wednesday morning where the two are likely to discuss investment opportunities under the second republic’s “zimbabwe is open for business” policy.Although official details of the deal are yet to be released, senior government officials say the investment could significantly boost the country’s industrial output, create thousands of jobs and enhance zimbabwe’s regional trade profile.International journalist and business facilitator josey mahachi confirmed dangote’s arrival on her x (formerly twitter) account early wednesday“he is here zimbabwe,” she wrote.The zimbabwe technical team also include finance specialist senzwani skosana the chief executive of bard santner.Dangote, whose business empire spans oil refining, cement production, agriculture and logistics has been on an african investment drive aimed at expanding the footprint of the dangote group across the continent.Economic analysts say the visit shows growing investor confidence in zimbabwe’s market potential despite ongoing economic challenges.Courtesy of mahachi, dangote last visited zimbabwe in 2015 where he expressed interest in establishing a cement plant but the plans did not materialize at the time due to regulatory hurdles in the first republic.Landed: aliko dangote flanked by dr tungwarara and bard santner chief executive mr skosanahis renewed engagement shows possible revival of those ambitions under a more investment friendly climate in the second republic led by president mnangagwa.Further details on the investment package and sectors involved are expected to be announced after his meeting with president mnangagwa.Leave a replycancel reply businessnewsby nigel pfundeharare — the world’s richest black man aliko dangote landed in harare early wednesday morning for a landmark us$1 billion investment mission, marking one of the largest potential foreign direct investments the country has seen in years.Government sources confirmed that the nigerian billionaire’s visit is part of ongoing discussions to expand his industrial empire into zimbabwe’s key economic sectors including energy, mining and cement manufacturing.Dangote is expected to pay a courtesy call on president emmerson mnangagwa at state house wednesday morning where the two are likely to discuss investment opportunities under the second republic’s “zimbabwe is open for business” policy.Although official details of the deal are yet to be released, senior government officials say the investment could significantly boost the country’s industrial output, create thousands of jobs and enhance zimbabwe’s regional trade profile.International journalist and business facilitator josey mahachi confirmed dangote’s arrival on her x (formerly twitter) account early wednesday“he is here zimbabwe,” she wrote.The zimbabwe technical team also include finance specialist senzwani skosana the chief executive of bard santner.Dangote, whose business empire spans oil refining, cement production, agriculture and logistics has been on an african investment drive aimed at expanding the footprint of the dangote group across the continent.Economic analysts say the visit shows growing investor confidence in zimbabwe’s market potential despite ongoing economic challenges.Courtesy of mahachi, dangote last visited zimbabwe in 2015 where he expressed interest in establishing a cement plant but the plans did not materialize at the time due to regulatory hurdles in the first republic.Landed: aliko dangote flanked by dr tungwarara and bard santner chief executive mr skosanahis renewed engagement shows possible revival of those ambitions under a more investment friendly climate in the second republic led by president mnangagwa.Further details on the investment package and sectors involved are expected to be announced after his meeting with president mnangagwa.
By nigel pfundeharare — the world’s richest black man aliko dangote landed in harare early wednesday morning for a landmark us$1 billion investment mission, marking one of the largest potential foreign direct investments the country has seen in years.Government sources confirmed that the nigerian billionaire’s visit is part of ongoing discussions to expand his industrial empire into zimbabwe’s key economic sectors including energy, mining and cement manufacturing.Dangote is expected to pay a courtesy call on president emmerson mnangagwa at state house wednesday morning where the two are likely to discuss investment opportunities under the second republic’s “zimbabwe is open for business” policy.Although official details of the deal are yet to be released, senior government officials say the investment could significantly boost the country’s industrial output, create thousands of jobs and enhance zimbabwe’s regional trade profile.International journalist and business facilitator josey mahachi confirmed dangote’s arrival on her x (formerly twitter) account early wednesday“he is here zimbabwe,” she wrote.The zimbabwe technical team also include finance specialist senzwani skosana the chief executive of bard santner.Dangote, whose business empire spans oil refining, cement production, agriculture and logistics has been on an african investment drive aimed at expanding the footprint of the dangote group across the continent.Economic analysts say the visit shows growing investor confidence in zimbabwe’s market potential despite ongoing economic challenges.Courtesy of mahachi, dangote last visited zimbabwe in 2015 where he expressed interest in establishing a cement plant but the plans did not materialize at the time due to regulatory hurdles in the first republic.Landed: aliko dangote flanked by dr tungwarara and bard santner chief executive mr skosanahis renewed engagement shows possible revival of those ambitions under a more investment friendly climate in the second republic led by president mnangagwa.Further details on the investment package and sectors involved are expected to be announced after his meeting with president mnangagwa.
Harare — the world’s richest black man aliko dangote landed in harare early wednesday morning for a landmark us$1 billion investment mission, marking one of the largest potential foreign direct investments the country has seen in years. Government sources confirmed that the nigerian billionaire’s visit is part of ongoing discussions to expand his industrial empire into zimbabwe’s key economic sectors including energy, mining and cement manufacturing. Dangote is expected to pay a courtesy call on president emmerson mnangagwa at state house wednesday morning where the two are likely to discuss investment opportunities under the second republic’s “zimbabwe is open for business” policy.
Although official details of the deal are yet to be released, senior government officials say the investment could significantly boost the country’s industrial output, create thousands of jobs and enhance zimbabwe’s regional trade profile. International journalist and business facilitator josey mahachi confirmed dangote’s arrival on her x (formerly twitter) account early wednesday “he is here zimbabwe,” she wrote.The zimbabwe technical team also include finance specialist senzwani skosana the chief executive of bard santner. Dangote, whose business empire spans oil refining, cement production, agriculture and logistics has been on an african investment drive aimed at expanding the footprint of the dangote group across the continent.
Economic analysts say the visit shows growing investor confidence in zimbabwe’s market potential despite ongoing economic challenges. Courtesy of mahachi, dangote last visited zimbabwe in 2015 where he expressed interest in establishing a cement plant but the plans did not materialize at the time due to regulatory hurdles in the first republic. Source: expressmail zimbabwe
