Zimbabwe: Dangote Seals U.S.$1 Billion Investment Deal With Zimbabwe

Dangote’s $1B bet on Zimbabwe

Nigeria’s Dangote Group said it will invest $1 billion in Zimbabwe. Billionaire industrialist Aliko Dangote signed an agreement with the Zimbabwe government this week after a meeting with President Emmerson Mnangagwa, targeting projects in cement and power generation, as well as an oil pipeline.It is the latest move in a continent-wide expansion drive by the Nigerian conglomerate since it announced in August that it had agreed a $2.5 billion joi…

Zimbabwe: Dangote Seals U.S.$1 Billion Investment Deal With Zimbabwe

Nigerian billionaire and industrialist Aliko Dangote has signed a landmark US$1 billion investment deal with Zimbabwe signalling renewed confidence in the country's economy under President Emmerson Mnangagwa's administration.

Zimbabwe’s US$1 billion investment deal set to unlock key industries

from MANGALISO TSHUMA in Bulawayo, ZimbabweZimbabwe BureauBULAWAYO, (CAJ News) – ZIMBABWE has hailed this week’s announcement of a US$1 billion investment package as a transformative milestone that could unlock major growth across several strategic industries. Government officials say the funding—earmarked for mining, energy, agriculture, manufacturing, and infrastructure development—positions the country for accelerated industrialisation and jo…

Aliko Dangote Became The Richest Black Man In The World — And Now He Plans To Invest $1B In Industrial Projects In Zimbabwe

Nigeria’s Dangote plans $1 billion investments in Zimbabwe

Nigerian billionaire Aliko Dangote and Zimbabwe’s finance minister Mthuli Ncube sign global agreement on planned investments by the Dangote Group in Harare on November 12, 2025 HARARE – Africa’s richest man, Aliko Dangote, was in Harare on Wednesday for exploratory talks with the Zimbabwean government on investments worth more than US$1 billion, saying he was encouraged by economic reforms under President Emmerson Mnangagwa. Dangote, whose fort…