Dangote Revives $1bn Zimbabwe Plans

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Aliko Dangote renewed a USD 1 billion investment plan in Zimbabwe after years of stalled negotiations, citing improved transparency under President Emmerson Mnangagwa. The package includes a fuel pipeline from Namibia to Harare, plus projects in cement, fertilizer, and power generation. Economists say the move signals growing investor confidence despite Zimbabwe’s currency instability. If completed, the ventures could boost jobs, energy supply, and long-term industrial growth.