Africa-Press – Zimbabwe. President Emmerson Mnangagwa has given the green light for billionaire Aliko Dangote to visit Zimbabwe, marking 10 years since his last trip to Harare.
Bard Santner Markets Inc. and Zimbabwean journalist-turned-business adviser Josephine Mahachi are organising the visit.
Mahachi confirmed that the President has officially approved the trip, which will see Dangote and his team meet with Mnangagwa and senior government officials to finalise a potential US$1 billion investment in cement manufacturing, coal mining, and power generation. Said Mahachi:
“I am pleased to confirm that Mr Dangote will be returning to Zimbabwe in the near future to explore new investment opportunities. While the exact date is yet to be finalised, a formal mandate has already been signed.
“This time, I have partnered with Bard Santner Incorporated, a distinguished financial institution, to ensure a seamless and well-coordinated process.
“Furthermore, we are working on this initiative directly with His Excellency President ED Mnangagwa through his investment advisor, Dr Paul Tungwarara.”
Tungwarara said President Mnangagwa has approved the visit, showing the government’s commitment to bringing in big, high-impact investors. He said:
“The richest man in Africa is coming to Zimbabwe at the invitation of President Mnangagwa.
“The two have been in constant communication and we are presently working on the logistical aspects of the visit.
“We are keen to ensure that he makes a significant investment in Zimbabwe and avoid what happened during his previous visit in 2015, when he came but did not return.”
Dangote is a Nigerian billionaire industrialist and Africa’s richest person, with a net worth of nearly US$25 billion as of September 2025.
He is the founder and CEO of the Dangote Group, established in 1977, which has become a major player across Africa in the production of cement, sugar, salt, flour, and fertiliser.
His flagship company, Dangote Cement, is the continent’s largest cement producer. More recently, Dangote launched the Dangote Refinery, one of the world’s largest oil refineries, aimed at reducing Nigeria’s reliance on imported fuel.
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