President Mnangagwa approved Nigerian billionaire Aliko Dangote's upcoming visit to Zimbabwe for potential investments worth $1 billion across cement manufacturing, coal mining, and power generation. Business adviser Josephine Mahachi and Bard Santner Markets Inc. arranged the trip after receiving presidential authorization. Mahachi previously coordinated Dangote's 2015 visit and partnered with the American financial firm to manage this engagement.
Presidential investment adviser Paul Tungwarara said Mnangagwa maintains direct contact with Africa's wealthiest individual to finalize logistics. The government aims to secure concrete commitments that advance Vision 2030 economic targets. Officials want to prevent a repeat of the 2015 visit when Dangote departed without making investments. Tungwarara confirmed authorities are preparing meetings between Dangote's delegation and senior government representatives.
Presidential investment adviser Paul Tungwarara said Mnangagwa maintains direct contact with Africa's wealthiest individual to finalize logistics. The government aims to secure concrete commitments that advance Vision 2030 economic targets. Officials want to prevent a repeat of the 2015 visit when Dangote departed without making investments. Tungwarara confirmed authorities are preparing meetings between Dangote's delegation and senior government representatives.