Qatari Royal Leads US$19 Billion Investment Drive in Zim

Oscar J Jeke- Zim Now Reporter

A delegation from Qatar, led by Sheikh Mansour Bin Jabor Bin Jassim Al Thani of the Gulf state’s ruling family, has arrived in Zimbabwe to formalise partnerships and seal bilateral investment agreements worth US$19 billion.

The three-day visit will see the delegation engage President Emmerson Mnangagwa, sign a series of investment accords, and tour key national projects and infrastructure earmarked for development. 

According to the Permanent Secretary in the Ministry of Information, Nick Mangwana, the multi-billion-dollar deals span various sectors, underscoring Zimbabwe’s push to deepen economic ties with the Middle East.

“H.E. Sheikh Mansour Bin Jabor Bin Jassim Al Thani, from the State of Qatar’s ruling family, is leading a delegation to formalise partnerships and initiate key bilateral investment agreements worth US$19 billion across various sectors in Zimbabwe,” Mangwana said.

The delegation was received by Matabeleland North Minister of State for Provincial Affairs and Devolution, Richard Moyo, highlighting the government’s emphasis on regional participation in the high-level engagements.

 The agreements are expected to bolster Zimbabwe’s economic recovery efforts, attract much-needed foreign direct investment, and strengthen bilateral relations between Harare and Doha.