Zimbabwe News Update
bulawayo24
9 min read
Latest NewsEditor’s Choice
News / NationalZimbabwe to host major Africa trade fair from 2029by Staff reporter14 mins ago |7ViewsZimbabwe has been officially named the permanent host of the Intra-African Trade Fair (IATF) beginning in 2029, marking a historic milestone that positions the country as a future hub of continental trade and investment.The announcement was made recently in Cairo, Egypt, where organisers confirmed that Zimbabwe would become the fixed base for Africa’s flagship trade and investment platform, which plays a central role in advancing the African Continental Free Trade Area (AfCFTA) agenda.The decision, hailed as a “landmark development,” comes as Zimbabwe intensifies efforts to reassert itself as a gateway for regional commerce.In addition, the African Export-Import Bank (Afreximbank) announced a US$2 billion Agricultural Export Facility aimed at strengthening Zimbabwe’s food security and boosting its agricultural exports across Africa.Afreximbank acting director for trade facilitation and IATF, Gainmore Zanamwe, confirmed the development, saying the decision followed a successful bid by Zimbabwe.”Zimbabwe also won the bid to host the IATF entity permanently,” Zanamwe said.”After Nigeria, the event will be held in Zimbabwe in 2029.This is a key initiative to formalise and institutionalise IATF in one place.We are now working closely with the government of Zimbabwe to prepare for permanent hosting.”The IATF brings together thousands of businesses, investors, policymakers, and trade financiers from across the continent to explore partnerships, facilitate intra-African trade, and unlock investment opportunities.Officials say establishing a permanent home for the fair in Zimbabwe will anchor the country as a strategic node in Africa’s economic integration drive.Alongside the hosting rights, the US$2 billion Agricultural Export Facility will support farmers and agribusinesses involved in food production, processing, and export, with the goal of transforming Zimbabwe into a major supplier of agricultural commodities within the continent.”There is an export and food security initiative that we started, working with the Ministry of Agriculture in Zimbabwe,” Zanamwe said.”We are now at an advanced stage of identifying key farmers who can produce and export agricultural products to other African countries.The US$2 billion facility is ready, and we invite all key players in production and processing to participate.”Economic analysts have described the move as a vote of confidence in Zimbabwe’s strategic location, infrastructure potential, and growing role in regional trade diplomacy.The IATF, first launched in 2018, is a flagship initiative of Afreximbank and the African Union, designed to accelerate intra-African trade and help realise the goals of the AfCFTA, which seeks to create a single market for goods and services across the continent.Source – NewsDayMore on:#Screws,#Human,#TraffickingJoin the discussionLoading comments…Enable JavaScript to view comments.Live UpdatesGet the Daily DigestSubscribeSubscribe to the Daily DigestMust Read’Mnangagwa is panicking’3 mins ago |11 ViewsChiwenga’s wife catching strays6 mins ago |18 ViewsFamily yet to bury loved one 2 years after mysterious death12 mins ago |17 Views’Eat my wife, I kill myself’13 mins ago |29 ViewsRBZ policies, not banks, driving high lending rates13 mins ago |16 ViewsGovt urged to tighten screws on human trafficking15 mins ago |5 ViewsZimbabwe night vending ban falters15 mins ago |12 ViewsHughton, Redknapp among 200 applicants for Warriors job17 mins ago |14 ViewsLevy scandal as Harare buys only 2 ambulances17 mins ago |9 ViewsChiwenga missed Mnangagwa’s SONA18 mins ago |30 ViewsMega Pak Zimbabwe (Pvt) Ltd manager up for fraud18 mins ago |12 ViewsFugitive car dealer arrested after 5 years on the run19 mins ago |14 ViewsHarare Councillors and directors snub 2026 budget announcement20 mins ago |5 ViewsBulawayo Polytechnic gutted by fire20 mins ago |18 ViewsSix Dead, 40 Injured in Harare–Mukumbura Road Bus Crash4 hrs ago |569 ViewsNo to 2030 extension10 hrs ago |764 ViewsPolice confirm Bulawayo-Beitbridge road accident10 hrs ago |944 ViewsZimbabwe loans ARVs to Botswana, donates portion in regional health solidarity10 hrs ago |531 ViewsGovt to launch Responsible Mining Initiative amid worsening land degradation10 hrs ago |171 ViewsMP Mhangwa urges govt to cut LPG Import Bill through local gas substitution10 hrs ago |208 ViewsMan dies in bicycle accident15 hrs ago |825 ViewsRelegation-threatened Bosso players boycott training15 hrs ago |490 ViewsPavillon bus involved in a serious accident15 hrs ago |550 ViewsTragedy in Mt Darwin as cow falls into well, killing young woman15 hrs ago |689 ViewsZimbabwe announces strict enforcement of axle load limits15 hrs ago |318 ViewsZanu-Pf, Eureka Mine unleash violence on artisinal miners15 hrs ago |321 ViewsChurch Leaders Unite to Tackle Africa’s Social Crises at Landmark Summit15 hrs ago |163 ViewsMinister to Lead Sanitation Awareness Drive in Guruve Amid Open Defecation Concerns*16 hrs ago |132 ViewsBCC launch blitz on traffic laws violator19 hrs ago |293 ViewsToday’s Most ReadPolice confirm Bulawayo-Beitbridge road accident10 hrs ago |944 ViewsNo to 2030 extension10 hrs ago |764 ViewsSix Dead, 40 Injured in Harare–Mukumbura Road Bus Crash4 hrs ago |569 ViewsMan dies in bicycle accident15 hrs ago |825 ViewsZimbabwe loans ARVs to Botswana, donates portion in regional health solidarity10 hrs ago |531 ViewsTragedy in Mt Darwin as cow falls into well, killing young woman15 hrs ago |689 Views’Power cut at Parly during SONA was deliberate’30 Oct 2025 at 08:58hrs |2052 ViewsRelegation-threatened Bosso players boycott training15 hrs ago |490 ViewsPavillon bus involved in a serious accident15 hrs ago |550 ViewsZRP disciplines cops over viral video30 Oct 2025 at 04:54hrs |1964 ViewsRead All Our Latest News
News / NationalZimbabwe to host major Africa trade fair from 2029by Staff reporter14 mins ago |7ViewsZimbabwe has been officially named the permanent host of the Intra-African Trade Fair (IATF) beginning in 2029, marking a historic milestone that positions the country as a future hub of continental trade and investment.The announcement was made recently in Cairo, Egypt, where organisers confirmed that Zimbabwe would become the fixed base for Africa’s flagship trade and investment platform, which plays a central role in advancing the African Continental Free Trade Area (AfCFTA) agenda.The decision, hailed as a “landmark development,” comes as Zimbabwe intensifies efforts to reassert itself as a gateway for regional commerce.In addition, the African Export-Import Bank (Afreximbank) announced a US$2 billion Agricultural Export Facility aimed at strengthening Zimbabwe’s food security and boosting its agricultural exports across Africa.Afreximbank acting director for trade facilitation and IATF, Gainmore Zanamwe, confirmed the development, saying the decision followed a successful bid by Zimbabwe.”Zimbabwe also won the bid to host the IATF entity permanently,” Zanamwe said.”After Nigeria, the event will be held in Zimbabwe in 2029.This is a key initiative to formalise and institutionalise IATF in one place.We are now working closely with the government of Zimbabwe to prepare for permanent hosting.”The IATF brings together thousands of businesses, investors, policymakers, and trade financiers from across the continent to explore partnerships, facilitate intra-African trade, and unlock investment opportunities.Officials say establishing a permanent home for the fair in Zimbabwe will anchor the country as a strategic node in Africa’s economic integration drive.Alongside the hosting rights, the US$2 billion Agricultural Export Facility will support farmers and agribusinesses involved in food production, processing, and export, with the goal of transforming Zimbabwe into a major supplier of agricultural commodities within the continent.”There is an export and food security initiative that we started, working with the Ministry of Agriculture in Zimbabwe,” Zanamwe said.”We are now at an advanced stage of identifying key farmers who can produce and export agricultural products to other African countries.The US$2 billion facility is ready, and we invite all key players in production and processing to participate.”Economic analysts have described the move as a vote of confidence in Zimbabwe’s strategic location, infrastructure potential, and growing role in regional trade diplomacy.The IATF, first launched in 2018, is a flagship initiative of Afreximbank and the African Union, designed to accelerate intra-African trade and help realise the goals of the AfCFTA, which seeks to create a single market for goods and services across the continent.Source – NewsDayMore on:#Screws,#Human,#TraffickingJoin the discussionLoading comments…Enable JavaScript to view comments.
Read the full article
