Dangote’s investments in Zimabawe continue

By

Mathew Masinge

A six member team of experts from Aliko Dangote‘s Dangote Group arrived in Zimbabwe this week amid speculation that they are to finalise and acquire registration certificates that will set the tone for establishing talks to open up various projects rtelated to the billionaire’s recent announcement of a major investment in the country.

The team, which comprises geologists, lawyers and other technocrats is engaging in serious meetings with relevant departments such as the Ministry of Mines and Mining Development and the Ministry of Energy and Power development to register their interest.

Speaking to the leader of the delegation, Dr Abdul Mukhtar, he said that the team will leave Zimbabwe after sealing every investment deal.

“We are hoping that we will first have all the necessary paper work in place and then move on to engage the ministries posssibly before the end of this week. We will not leave until our mission is complete” he said.

The Dangote Group’s investments are expected to involve other mega investment deals that are currently being finalised between Zimbabwe and China. This followed the signing of several investment deals between President Robert Mugabe and his Chinese counterpart Xi Jinping in August last year.

Zimbabwe is turning out to be a major investment attraction destination in Africa, this year more than 60 investment delegations having been hosted to date.

Mathew Masinge

Mathew is journalist, blogger and an actor based in Harare. He writes for the Herald, Zimbabwe’s largest daily newspaper.