Palestine eyes Zim for investment opportunities

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Palestine eyes Zim for investment opportunities
Palestine eyes Zim for investment opportunities

Africa-Press – Zimbabwe. PALESTINE has identified Zimbabwe as a safe and promising investment destination, with Palestinian investors eager to explore economic partnerships amid efforts to diversify their portfolios beyond their war-torn homeland.

This development was confirmed by the Palestinian ambassador to Zimbabwe, Tamer Almassri, following a courtesy call on Industry and Commerce minister Mangaliso Ndlovu in Harare on Thursday.

Almassri said the devastating impact of the ongoing war in Palestine, particularly in the Gaza Strip, has prompted a renewed push for outward-looking investment strategies.

Zimbabwe, with its long-standing diplomatic ties with Palestine is seen as a strategic partner.

“The war has ravaged our country and it is important to adopt an outward-looking approach,” Almassri said.

“Our investors are coming to Zimbabwe to participate in sectors that allow cross-pollination of ideas and investment.

“These engagements are not just about profit, they are also about rebuilding Palestine’s economic foundation.”

He praised the enduring friendship between the two nations, describing Zimbabwe as a true ally that has consistently stood with Palestine in times of hardship.

“Zimbabwe and Palestine are all-weather friends. We share a history of struggle and solidarity,” the ambassador said.

“These strong diplomatic ties will continue to underpin our economic cooperation going forward, ensuring mutual benefit and development for both peoples.”

Almassri singled out agriculture as a key sector of interest for Palestinian investors.

“Once a cornerstone of Gaza’s economy, agriculture has suffered severe setbacks due to the prolonged conflict. Zimbabwe’s expertise and available arable land present an opportunity for collaboration and recovery,” he said.

“We are particularly interested in agriculture, given that it has been heavily affected by the conflict back home.

“Zimbabwe has the potential to help us revitalise this sector, both by sharing knowledge and through investment partnerships.”

The visit underscores Zimbabwe’s growing appeal as an investment hub in the region, even as it strengthens its international relations.

For Zimbabwe, the potential influx of Palestinian capital and expertise could enhance development in targeted sectors, further aligning with its broader goals of economic diversification and international cooperation.

Meanwhile, during the 76th anniversary of Al-Nakba commemorations, drawing together diplomats, activists, students and journalists to reflect on the ongoing Palestinian struggle against occupation and genocide in Harare on Thursday, Almassri decried that the 1947 United Nations Partition Plan, which granted more than half of historic Palestine to Jewish settlers, was imposed without Palestinian consent.

“We received them as guests escaping discrimination and torture in Europe, but when the British occupation began in 1917, they allied with colonial powers and turned against us,” he said.

“We were forced to pay for Europe’s crimes, the Holocaust happened there, yet we bore the consequences. Israel as an ‘artificial colonial project’ designed to serve Western interests in the Middle East, calling it ‘a tool to divide Africa and Asia and control Palestine — the spiritual heart of Islam and

Christianity’.”

Also speaking at the commemorations, Sheikh Henry Balakazi of the Zimbabwe Palestine Solidarity Council said: “The Nakba did not end in 1948, it continues today in Israel’s starvation tactics, bombings, and apartheid.

“Over 66 000 children in Gaza suffer severe malnutrition not by accident, but by Israeli design. This is not war, it is extermination.”

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