Nigeria TV Info – Africa Business News

Zimbabwe, Dangote Group Seal Landmark Investment Deal to Drive Industrial Growth

Harare, Zimbabwe – In a major boost for regional economic cooperation, President Emmerson Dambudzo Mnangagwa has announced a historic investment partnership between the Government of Zimbabwe and the Dangote Group, led by Nigerian billionaire Aliko Dangote. The strategic alliance aims to accelerate Zimbabwe’s industrialisation and economic transformation.

During a high-level meeting in Harare, President Mnangagwa welcomed Mr Dangote, who is visiting Zimbabwe to explore major investment opportunities across key sectors of the economy. Following extensive deliberations, both parties signed a comprehensive cooperation agreement covering energy, cement, fertiliser, and infrastructure development.

President Mnangagwa described the partnership as a “turning point” for Zimbabwe’s economic renewal, commending Dangote’s commitment to driving Africa’s self-sufficiency in manufacturing and industrial output.

Aliko Dangote, Africa’s richest man and founder of the Dangote Group, expressed confidence in Zimbabwe’s business environment and pledged to contribute to the nation’s long-term economic vision through sustainable investments that create jobs and enhance productivity.

Economic analysts say the collaboration could reposition Zimbabwe as a key industrial hub in Southern Africa, while strengthening Nigeria’s influence in continental trade and development partnerships.