Mnangagwa approves Dangote's $1B investment talks in Zim

President Emmerson Mnangagwa has approved Nigerian billionaire Aliko Dangote’s visit to Zimbabwe to discuss a potential US$1 billion investment in cement manufacturing, coal mining, and power generation. The trip, coordinated by Bard Santner Markets Incorporated and business adviser Josephine Mahachi, follows Dangote’s earlier 2015 engagement with the country.

Presidential investment advisor Dr Paul Tungwarara confirmed the approval and said the government aims to secure lasting industrial partnerships. Plans include a cement plant, a limestone quarry, a coal mine, and a power station—projects expected to create thousands of jobs. The initiative supports Mnangagwa’s Vision 2030 goal of building an industrialized, upper-middle-income economy. Mahachi and Santner are working directly with the president’s office to finalize logistics and ensure the visit leads to concrete outcomes.
 

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