Dangote Group Secures $1 Billion Investment Deal with Zimbabwe

I In a major boost for pan-African business collaboration, Dangote Industries Limited has signed a $1 billion investment agreement with the Government of Zimbabwe.

The historic deal was formalized during a ceremony in Harare, attended by Dangote Industries CEO Aliko Dangote, Vice President of Oil and Gas Devakumar Edwin, Zimbabwe’s Minister of Finance and Investment Promotion Mthuli Ncube, and witnessed by President Emmerson Mnangagwa.

The investment is expected to accelerate Zimbabwe’s economic development, foster industrial growth, and deepen bilateral ties between Nigeria and Zimbabwe.

This milestone further cements Dangote Industries’ reputation as one of Africa’s leading conglomerates and highlights its ongoing commitment to sustainable development and continental growth.

Source: Instagram | @dangotegroup