ZIMBABWE CAN BE AMONG FASTEST GROWING ECONOMIES, SAYS INVEST AFRICA
HARARE– Invest Africa, the London-based investment platform with a focus on Africa, sees Zimbabwe as having potential to become one of the fastest growing economies in the world as it offers abundant investment opportunities which investors are keen to exploit.
Its Chairman, Robert Hersov, who is leading a 22-member group of fund managers and investors from around the globe who are scouting for investment opportunities in Zimbabwe this week, on Monday met Zimbabwean President Emmerson Mnangagwa, who stressed that Zimbabwe is open for business.
Founded in 2013, Invest Africa is a platform for business leaders, investors and entrepreneurs to gain insight and exposure to information and opportunities in Africa.
I have been in government since 1980, almost 38 years now, I have never seen a huge delegation, very diverse, very global, coming together to little Zimbabwe in southern Africa. It’s a great moment for this
country, said President Mnangagwa after meeting the delegation.
We have done everything possible to brief them about our situation, the challenges which we face, the weaknesses which we have and strengths we have. I have exposed that to the delegation. I hope they will look at it and make their own decisions.
The group is targeting investment in sectors such as energy, mining, infrastructure, tourism and hospitality, logistics and agriculture.
This is the beginning of something big for Zimbabwe. With free and fair elections coming up which the President (Mnangagwa) put his name to, we think this country has a huge upside and should be one of the
fastest growing countries in the world and for a very long time, Hersov told journalists.
He said Zimbabwe’s large diaspora, with diverse skills and experience from working abroad, had a crucial role to play in the country’s economic revival.
Hersov said Invest Africa would bring a larger delegation of investors to Zimbabwe after the country holds its general elections on July 30. From what the President has said, Zimbabwe is open for business and that is why we are here. There is a very positive mood among the investors and sometimes it is better to get in before the rush of money comes, we like to be early, Hersov said.
Source: NAM NEWS NETWORK