News / National
African investors shun Xenophobia...head to Zimbabwe
31 Mar 2019 at 13:14hrs | Views
President Emmerson Mnangagwa's government has attracted an array of international investors who have signed mega deals without any tangibles on the ground.
In a recent show of confidence, African investors are showing interest in Zimbabwe as a safe investment destination. Zimbabwe seems to present a viable, but risky investment case.
A number of African business persons, fund managers and financial engineers are looking at heading into Zimbabwe as they shy away from South Africa and the recurring Xenophobic attacks.
London based firm International Campaigns has lined up several Regional investment firms and fund managers who are set to visit Zimbabwe to secure investment contracts that are likely to transform the economy in the short term.
The first batch of investors is expected in the country mid April these will bring funding for Businesses and other sectors of the economy which will bare fruits in the short term.
The first batch of investors are from Ghanaian and Nigerian based in the UK and the United States.
These investors demonstrated interest in Zimbabwe after a conference call with the Deputy minister of information Energy Mutodi who articulated and communicated government policies and strategies in a manner that ignited interest in the Zimbabwean market.
In a recent show of confidence, African investors are showing interest in Zimbabwe as a safe investment destination. Zimbabwe seems to present a viable, but risky investment case.
A number of African business persons, fund managers and financial engineers are looking at heading into Zimbabwe as they shy away from South Africa and the recurring Xenophobic attacks.
London based firm International Campaigns has lined up several Regional investment firms and fund managers who are set to visit Zimbabwe to secure investment contracts that are likely to transform the economy in the short term.
The first batch of investors is expected in the country mid April these will bring funding for Businesses and other sectors of the economy which will bare fruits in the short term.
The first batch of investors are from Ghanaian and Nigerian based in the UK and the United States.
These investors demonstrated interest in Zimbabwe after a conference call with the Deputy minister of information Energy Mutodi who articulated and communicated government policies and strategies in a manner that ignited interest in the Zimbabwean market.
Source - Byo24News
