We want to assist you Invest in Zimbabwe, get Business Opportunities in Zimbabwe as well as to search for and connect with leading Companies in Zimbabwe. We also provide a list of key Government trade advisors who assist you with doing business in Zimbabwe and other relevant business information on Zimbabwe. Specifically we offer three digital portals that are FREE to use and will be of interest to you…..You can join our Africa Business Community FREE so we can promote your company here. After that if you have a specific investment or business proposition add it to the Africa Business Opportunities Dashboard FREE. Want investment, or to find a business partner, are you selling real estate etc, do you have goods, products or services you want to promote? If so our Africa Business Opportunities Dashboard is for you. View some of the business opportunities uploaded by our Africa Business Community here. Fast growing, more established Zimbabwe companies with experienced management teams looking for investment can add themselves to our closed AFSIC African Investments Dashboard – after you have uploaded information about your investment opportunity we can send it directly into the inbox of many of Africa’s most important investors. To benefit from any of these options join our Africa Business Community today FREE !
Country overview: Zimbabwe is a country located in Southern Africa. It shares its border with Botswana to the west, Mozambique to the east, South Africa to the south and Zambia to the north. It got independence from United Kingdom on 18 April 1980. It is a presidential republic with President sitting as the Head of state and government. Its capital is Harare and has 8 provinces with 2 cities (Harare and Bulawayo) having provincial status. It runs a bicameral legislative system consisting of Senate and National assembly. English is the official language while Shona and Ndebele are the common local languages. Christianity is the major religion. It has a mixed legal system that includes English common law Roman-Dutch civil law, and customary law. It has an area size of 0.391 million sq km. Zimbabwe is a landlock country, strategically and centrally in the Southern African Development Community (SADC) region which provide a regional gateway and access to major regional market of SADC & COMESA ( Common Market for Eastern and Southern Africa). It has a strong human capital base.
Demographic Information: Zimbabwe has an estimated population of 14.83 million comprising mostly of younger population (less than 25 years) which makes up about 58.5% of the population, those in the age bracket of 25-64 years makes up of about 37.0% of the population and above 65 years age group makes up of about 4.5% of the population. Average population density is estimated at 37.3 inhabitants/km2. In terms of human development indicators, it has a life expectancy of 65.02 years (Women) and 60.7 years (Men). It achieved universal primary education with a 109.89% Primary enrolment rate in 2013 and overall literacy level of 86.5% as at 2015.
Broad Economic Overview: Zimbabwe’s economy is mainly dependent on mining and agriculture. Tourism also plays a key role in its economy. It has abundant mining resources (platinum, gold, diamonds, nickel, coal, iron-ore, copper, tin and lithium). Agriculture accounts for about 12.1% of GDP and employs 67% of the population. The agricultural sector is dominated by Tobacco cultivation which is the country’s second major source of export earnings. Zimbabwe mining sector remains very lucrative, with some of the world’s largest platinum reserves. Zimbabwean economy has suffered deep repression in the recent past, with liquidity crisis that started in 2016 which made the country to abandon its currency (Zimbabwean dollar) in favor of the dollarization of the monetary system. The economy went into recession in 2019 (GDP growth -6.5%) following prolonged drought linked to the El Niño and cyclone Idai climate effects, low minerals revenues, decreased investment and government measures of fiscal consolidation. High and unsustainable debt, high fiscal deficits, cash shortages, limited foreign exchange, and persistent shortages of essential goods are some of the prevailing features of Zimbabwe economy landscape. GDP expanded by an average of 2.6% over the past five years while inflation spiked from single digits in 2018 to more than 200% in November 2019. Main export includes tobacco, Cotton, platinum, gold, textile and clothing etc. Major imports include petroleum product, foodstuff, machinery, consumer goods, chemicals, transport equipment etc.
Investment Opportunities: Zimbabwe remarkable resource and diversified economy makes it an attractive destination for investment. The priority sector for investment includes mining, manufacturing, agriculture, tourism, ICT and infrastructure development. In the mining sector, the following major tradeable minerals offers investment opportunities: Gold, Platinum, Chromite, Coal, Nickel, Diamond, Iron ore, Copper and Coal Bed Methane. Investment opportunities in the manufacturing sector include: Meat processing, Textile Industry, Motor Vehicle Assembling, Pharmaceutical & Healthcare product production etc. In the agriculture sector, opportunities are available in the cultivation of Tobacco, Cotton, Timber and Sugar Milling. Zimbabwe has vast tourist attractions with opportunities in Hotel and Catering Industry, Gaming, Safari and Tour operations, Production of animal documentaries, Construction of international convention centres etc.
Invest Zimbabwe – Recommended Contacts in Zimbabwe
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Other Information Sources
Unable to find the information that you require? You may want to access the following internet sites to obtain further information on Africa, investing in Africa, African business and African investment opportunities….
African Development Bank: www.afdb.org
African Investments: www.africaninvestments.co
AFSIC – Investing in Africa Event: www.afsic.net
BBC Africa: www.bbc.co.uk/news/world/africa
Investing in Africa: www.invest-in-africa.co
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