After years of economic stagnation Zimbabwe now touts itself as the best place to do business in Africa

The Africa CEO Forum was an avenue for calls from new Zimbabwean leader for investment in his country, contrary to the regime of his controversial predecessor.

Mnangagwa’s plans to invest in Zimbabwe's infrastructure so as to stimulate the country’s economic growth.

“We plan to construct new roads and highways, while we also expand our energy production capacity”, he said.

Zimbabwe's economy is engaging and re-engage with the family of nations following years of isolation due to the illegal economic sanctions, that is my administration’s top priority.

"The priority my administration is to revive my country’s economy and also revive a failed relationship with many international communities, beginning with investors and decision makers at the Africa CEO Forum".

One way he plans to achieve that goal is to “eliminate all investment restrictions,” a departure from Mugabe’s usually antagonistic stance towards investors.

During Mugabe’s 37-year rule, Zimbabwe’s economy was in depression that sacred investors. The country’s enduring currency crisis also prompted Zimbabweans turn to cryptocurrencies, particularly, as a store of value.

On the back of Zimbabwe's presidential elections in July 2018, the leader promised a free and fair one.

Mnangagwa shared a speaking platform with Ghana’s president Nana Akuffo-Addo.

The Ghanaian leader enthused about his country’s business-friendly environment alluded to the young and viable population of the continent, highest among that demographic around the world, and being a major part of the business environment.

The World Bank says, Ghana could be the fastest growing economy in the world in 2018. The numbers prove that Ghana’s economy grew by 7.9 percent in 2017 and is expected to grow by 8.3 percent by 2018, one of the highest of any country globally.

JOIN OUR PULSE COMMUNITY!

Unblock notifications in browser settings.

Eyewitness? Submit your stories now via social or:

Email: news@pulselive.co.ke

Recommended articles

Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023

Africa’s richest man Aliko Dangote seeks to raise an additional $1.1 billion to complete his refinery project by 2023

8 African countries where Rihanna plans to launch her luxury Fenty Beauty products

8 African countries where Rihanna plans to launch her luxury Fenty Beauty products

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Africa’s richest man Aliko Dangote poised to overtake another Russian billionaire Vladimir Lisin on Bloomberg billionaires list

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Mzee Kibor's will made public, revealing how vast wealth and millions will be distributed

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Ini Edo posts new photos amid reports of welcoming a baby through surrogacy

Referee behind chaos at AFCON was rushed to hospital after match

Referee behind chaos at AFCON was rushed to hospital after match

5 African countries with the cheapest gas prices in 2022

5 African countries with the cheapest gas prices in 2022

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Eddie Butita speaks on his fallout with Miss Mandi, offers her a job

Haiwezi, my wife is prettier - Omanyala turns down Huddah’s advances

Haiwezi, my wife is prettier - Omanyala turns down Huddah’s advances