The European Investment Bank (EIB), has unveiled a €15 million of new long-term financing for entrepreneurs and businesses across Zimbabwe in cooperation with local bank CABS.
Invictus, following the recent signing of the PEDPA with the Republic of Zimbabwe, has awarded Polaris Natural Resources a contract to provide acquisition services for its first 2D seismic program in the Cabora Bassa Basin.
Africa Data Centres, Africa’s largest network of interconnected, carrier- and cloud-neutral data centre facilities, has confirmed a significant investment into the construction of a new data centre facility in Lagos, Nigeria.
Zimbabwe agritech startup Farmhut has received $US100 000 investment from the Hult Prize Foundation. This follows through the Hult Prize accelerator program of the 2020 cohort.
Invictus Energy announced that following approval from President E.D. Mnangagwa, the Petroleum Exploration Development and Production Agreement (PEPDA) between Invictus and the Republic of Zimbabwe has been executed.
Invictus Energy has received firm commitments from new and existing institutional and sophisticated investors to raise A$8.0 million (before costs) by way of a share placement.
The European Union-funded, Livestock Production Systems in Zimbabwe (LIPS-Zim) Project has been launched in Buhera District, Zimbabwe.
Zambia and Zimbabwe have signed a Memorandum of Understanding to implement a joint industrialization project spearheaded by COMESA Secretariat.
Businesses and entrepreneurs in Burkina Faso, Ethiopia, Kenya, Liberia, Mali, Mozambique, and Zimbabwe can apply for funding.
The Republic of Zimbabwe became the nineteenth (19th) African Union (AU) Member State to sign the Treaty for the establishment of the African Medicines Agency (AMA) on 16 March 2021, at the AU Commission in Addis Ababa, Ethiopia.
The Beitbridge border post upgrade project, which is a public-private partnership, is the first of its kind in Zimbabwe.
The United Nations World Food Programme (WFP) welcomed an additional $7 million in new funding from Switzerland, through the Swiss Agency for Development and Cooperation (SDC).
British Airways operated by Comair, South Africa’s premium full-service airline, announced the reopening of bookings for daily regional flights between Johannesburg and Harare.
Chr. Hansen Natural Colors, the global company dealing in colors from natural sources, has appointed Barentz as its strategic partner for the distribution of their natural color portfolio in South Africa and Zimbabwe.
Invictus Energy announced it received a non-binding offer for farm-in to the Cabora Bassa Project in Zimbabwe, during the quarter ending December 2020.
Zimbabwe has received its first batch of 200,000 doses of Sinopharm donated by the Chinese government in the fight against the coronavirus pandemic.
Zimbabwean President Emmerson Mnangagwa has appointed Frederick Shava as the new Minister of Foreign Affairs and International Trade, following the death of Sibusiso Moyo who succumbed to Covid-19 related complications last month.
FAO and the French Development Agency (AFD), launched a new €3.5 million project to improve sustainable wildlife management and food security in the world's largest terrestrial transfrontier conservation area.
Eutelsat Communications and TelOne (Pvt) Limited, one of Zimbabwe’s Internet Service Providers, have signed a master service agreement to bring high quality satellite broadband to Zimbabwe.
Great Dyke Investments, a Russian-backed project planning to build Zimbabwe’s biggest platinum mine, has sold a 4.4% stake to Fossil Mines, as Covid-19 disrupted fundraising for the venture.
Website builder BaseKit is set to partner with Liquid Telecom to provide a website and eCommerce builder to customers of the African communications provider.
AFD, CIRAD partner to develop sustainable management management tools for zoonotic diseases in Zimbabwe
The French Development Agency (AFD) and the French Agricultural Research Centre for International Development (CIRAD) signed an agreement to develop the Zimbabwean agricultural sector’s capacity in biotechnology.
WorldRemit, a global digital payments company, has launched an Africa-focused entrepreneurship programme in Kenya, Nigeria, Ghana and Zimbabwe.
Mukuru and WorldRemit announced a deepening of their existing partnership, with the aim to expand their collaboration for cash remittances into Zambia, South Africa, Mozambique, Malawi and Botswana.
After nearly 10 years of providing quality HIV and cervical cancer treatment and prevention services in Gutu District, Zimbabwe, the international medical humanitarian organisation MSF is handing over its project activities to the Ministry of Health.
According to World Food Program officials, about 45 million people in Southern Africa are facing food insecurity and the worst affected country is Zimbabwe.
Emirates announced it will resume flights to Johannesburg (1 October), Cape Town (1 October), Durban (4 October) in South Africa; Harare in Zimbabwe (1 October); and Mauritius (3 October).
Australian listed oil and gas exploration company Invictus plans to begin drilling Zimbabwe’s first oil and gas wells in the Muzarabani prospect in October next year.
Doctors Without Borders (MSF) encourages the Zimbabwe Ministry of Health and Child Care to maintain and replicate this first of its kind nurse-led Non-Communicable Diseases (NCDs) healthcare model across the country.
Facebook partners with the National Blood Service Zimbabwe to increase blood donations in the country
Facebook, in partnership with the National Blood Service Zimbabwe (NBSZ) announced a new feature to encourage people to donate blood.
Mastercard and Zimswitch, Zimbabwe’s national payment switch, have partnered to enable the modernization of Zimbabwe’s payment infrastructure, using Mastercard’s technology, products and services.
A new European Union-funded ‘Livestock Production Systems in Zimbabwe’ (LIPS-Zim) project is working to increase agricultural productivity in the country’s agro-ecological Zones.
WFP urgently seeks international support to prevent millions of Zimbabweans plunging deeper into hunger
With COVID-19 aggravating an already severe hunger crisis in Zimbabwe, the United Nations World Food Programme (WFP) appealed for an additional $250 million to support a rapidly expanding emergency operation for millions at risk.
The Federation of National Association of Women in Business, Zimbabwe Chapter has launched a micro-finance institution to support women economic empowerment.
Belgium has contributed to an anticipatory action project aimed at enhancing the food security and nutrition of populations affected by COVID-19 in Zimbabwe.
YuPlan Limited is a Zimbabwe digital startup that allows customers to book a venue from anywhere in the world.
KaiOS Technologies and Econet Wireless Zimbabwe, the country’s largest mobile network operator with the broadest data network, have launched the Atom 3G phone.
Smallholder farmers in Zimbabwe and Ethiopia have embraced small-scale mechanization thanks to an innovative CIMMYT-led project, which is now drawing to a close.
South Africa's Tongaat Hulett announced it had entered into an agreement with Eswatini’s Public Service Pensions Fund (the PSPF) to sell Tambankulu Estates, its Eswatini agri-business, for R375 million.
The United Nations World Food Programme (WFP) has welcomed a contribution of CA$1 million from the Government of Canada for life-saving humanitarian operations in Zimbabwe.
Mukuru, one of Africa’s largest remittance providers, has announced a partnership with global online money transfer service WorldRemit to facilitate money transfers to Zimbabwe from across the globe.
To further solidify its market-leading position, DHL Global Forwarding has made some key appointments to its leadership teams in Central and Southern Africa.
DFA has become the first telecommunications provider in 10 years to be granted an operating licence by the Postal and Telecommunication Regulatory Authority of Zimbabwe.
The Government of Japan announced an additional US$14.8 million in funding to meet the essential food security needs of vulnerable populations in Zimbabwe through the World Food Programme (WFP) and the Government of Zimbabwe.
iSeven Consultants is a Zimbabwe based startup offering retail management consulting services. It has carved a niche in solving clients’ challenges in operations, procurement and inventory management, human resources and public relations.
Liquid Telecom Zimbabwe has provided financial support, expertise and technology for a dedicated national toll-free ‘2023’ helpline and call centre recently launched by H.E President Emmerson Mnangagwa.
With Zimbabwe’s already severe climate- and recession-induced hunger crisis deepening and COVID-19 taking hold, the United Nations World Food Programme (WFP) urgently needs $130 million to sustain through August.
Zimbabwe's largest financial institution, CBZ Holdings, has announced the appointment of a new Board of Directors to oversee the bank's transformation strategy.
African Development Bank approves $8.25 million loan to food producer Olivine Industries in Zimbabwe
The African Development Bank Group has approved a $8.25 million corporate loan to Olivine Industries to support the company’s food production expansion plan in Zimbabwe.
Musika has signed an agreement with Kemiko Limited to help increase its processing capacity and provide a secure and ready market to 1,000 smallholder cassava growers.
CoffeeMM, a South African startup in the coffee business has been working with smallholder farmers inSouth Africa, Mozambique, Burundi and Zimbabwe to process their raw coffee for the retail market.
Priscilla Musenge runs a Zambia-based startup Prote-IN producing low cost, high quality protein alternatives from insects to make fish, chicken, pig feed, fertilizer as well as for human consumption.
Caritas Internationalis is appealing for €1 million in aid of the people of Zimbabwe who are starving due to harsh environmental conditions that have hit the country hard.
The European Union has injected £7.3m (US$8m) into Zimbabwe’s agricultural sector to boost pig and goat farming in the country aimed to improve production and market competitiveness.
Dairibord Zimbabwe Ltd (DZL), Zimbabwe’s largest milk processor has entered into a strategic alliance and share subscription agreement with its single largest supplier of raw milk, Tavistock Estate Limited.
The Governments of Malawi and Zimbabwe have reviewed and added products to their Common List which will be traded between the two countries using the COMESA Simplified Trade Regime (STR).
Global mobile payments company WorldRemit saw a 43 per cent growth in remittances to Africa from higher income nations in 2019.
The Board of the African Development Fund (ADF) approved a $685,000 grant to strengthen Zimbabwe’s capacity to manage disaster risks.
The Governments of Zambia and Zimbabwe with support from the COMESA Secretariat are planning a joint industrialization programme which will build on the experiences and lessons learned from the existing joint ventures.
Nestlé Zimbabwe has appointed Eunice Ganyawu-Magwali as its new Managing Director for Zimbabwe, Zambia and Malawi.
African Solutions Private Ltd (Afrisol), a Zimbabwean firm which has been investing in Rwanda over the past two years, has bought off the 98.3% shareholding in Burera Diary Limited from the Rwanda Government.
AfDB allocates €1.2 million to train policymakers in boosting mining revenues in 8 African countries
The African Development Bank (AfDB) has allocated a €1.2 million grant to provide training to help resource-rich countries improve their mining revenues in Africa.
Southern Africa in throes of climate emergency, 45 million people facing hunger across the region, WFP
A record 45 million people, mostly women and children in the 16-nation Southern African Development Community are gravely food insecure following repeated drought, widespread flooding and economic disarray.
The African Development Bank (AfDB), United Nations (UN) and the World Bank Group launched the Zimbabwe 2019 Joint Needs Assessment Report.
Steven Seremwe, who is 57 years old, was retrenched from his job as an administrator at Lake Shore Missions in 2012.
Leading pan-African telecoms group Liquid Telecom has completed the roll out of free Wi-Fi zones across 48 higher and tertiary learning institutions in Zimbabwe.
Zimbabwe and China Lesso Group yesterday signed an agricultural cooperation agreement under which 12,800 hectares will be put under irrigation for the production of over 60,000 tonnes of maize each season.
Kassim Massi and Joyce Makawa have learned how conservation agriculture nurtures the soil of their 2.5-acres farm in Lemu, Malawi, and helps them to better cope with regular dry spells and storm rains.
WFP expands emergency operations in Zimbabwe as drought, economic hardship plunge millions into hunger
The World Food Programme (WFP) is rapidly expanding an already sizeable emergency operation in Zimbabwe where drought, flooding and macro-economic meltdown have plunged 7.7 million people – half the population into severe hunger.
Maher Maghraby, head of the Project of African Farms Egypt has announced that the country has started to establish three fish farms and an animal farm in four African countries.
Effective July 1, 2019, Zimbabwean entities are now required to apply International Accounting Standard 29 (“IAS 29”), ‘Financial Reporting in Hyperinflationary Economies’, in their financial reporting.
South African Airways (SAA) announces its intention to resume flights to six destinations on the African continent, namely Accra, Lagos, Lusaka, Maputo, Windhoek and Harare, with effect from Tuesday, 19 November 2019.
The Government of Zimbabwe has suspended with immediate effect the importation of livestock and related products from South Africa.
Once renowned as the breadbasket in southern Africa, Zimbabwe is experiencing serious food shortages with 5.5 million people in rural areas and 2.2 million of the urban population being food insecure, according to VAM.
The Government of Japan announced an additional US$2.7 million to the World Food Programme (WFP) in funding for asset creation and food assistance initiatives in Zimbabwe.
The European Union is stepping up its support to the people of Zimbabwe with an additional €53 million in the fields of health and resilience building.
FAW and Zimbabwe Parks and Wildlife Management Authority (ZimParks) signed a historic conservation partnership for wildlife and people.
Thousands of people will be safe from the threat of landmines in Zimbabwe, after the UK pledged its support for demining charity The HALO Trust.
The Zimbabwe Parks and Wildlife Management Authority (ZimParks) and the International Fund for Animal Welfare (IFAW) announced a ground-breaking partnership to enhance wildlife conservation in key protected areas in the country.
Corteva Agriscience leads fight against fall armyworm with insect control solutions for African maize farmers
Corteva Agriscience has been introducing insect control solutions to Africa’s maize farmers to in maize in Botswana, Kenya, Namibia, Tanzania, South Africa, Zambia, and Zimbabwe.
fastjet Zimbabwe, a low-cost airline, has received approval from the government to operate flights to new regional routes.
Andersen Global announced it has signed a collaboration agreement with Chimwamurombe Legal Practice (Zenas) in Zimbabwe.
The technology group Voith is strengthening its hydropower service portfolio for Southern Africa.
With its sand dunes and abundant birdlife, Walvis Bay is already an important centre of tourism activity in Namibia.
GCR Ratings (GCR) has reviewed the ratings on seven Zimbabwean financial institutions under the recently released Criteria for Rating Financial Institutions, May 2019.
Six COMESA countries have so far signed the Commitment towards establishment of a single African Air Transport Market.
Tsingshan Holding Group, China-based company has begun working on its $1 billion steel plant in Zimbabwe.
Saudi Arabia’s largest mining company, Ma’aden, will make its first international acquisition with the purchase of an African Fertilizer distribution company.
More than a quarter of Tiffany's 1500 global diamond cutters and polishers are now based in Africa.
Julphar, one of the largest pharmaceutical manufacturers in the Middle East and Africa, has pledged its support to the Zimbabwean government to help boost the country's healthcare sector.
Byron Mudhune is the co-founder and chairman of MafAfrique, an advisory and fund management group with operations in Africa and Eurasia.
Vivo Energy has announced its conclusion with Engen Holdings transaction, leading to expansion of its service station network to 8 new countries in Africa.
[South Africa] Sanlam remains resilient amid challenging operating environment, Sanlam annual results
Sanlam’s 2018 annual results provides testimony to its resilience amid challenging operating conditions and negative investment markets as it announced its operational results for the 12 months ended 31 December 2018.
Two homegrown African seed companies top the 2019 Access to Seeds Index for Eastern and Southern Africa, for playing a key role in raising smallholder farmer productivity.
The African Export-Import Bank has appointed Humphrey Nwugo as Regional Chief Operating Officer for its Harare-based Southern Africa Regional Office.
Platinum-group metals and chrome co-producer Tharisa, has been approved to begin trading its shares on the A2X exchange in South Africa.
Dubai based airline Emirates has announced appointments to its commercial operations team across the Middle East, Gulf Cooperation Council (GCC) and Africa.
Scenes of traders, travelers, fishermen and women crossing the Zambezi river on floating planks, ferries, rickshaw boats, and canoes will soon come to an end.
The Chief of Industrialization and Infrastructure at ECA has urged the African countries to sign the Luxembourg Protocol because railways are the key to open and free trade across Africa.
Zimbabwe’s Transport and Infrastructural Development and Transport Minister has urged the Africa continent to focus on infrastructure development, to ensure it was competitive enough to make a difference.