Source: BREAKING: Dangote Industries geologists jet into Harare, set to meet Government officials as Nigerian conglomerate kick starts investments in Zimbabwe – herald
Business Reporter
Geologists from Dangote Industries arrived in Harare on Thursday night and are scheduled to meet Mines and Mining Development Minister Polite Kambamura as Africa’s richest industrialist Mr Aliko Dangote puts into motion his plans to invest more than US$1 billion in Zimbabwe.
Dangote Industries is eyeing investments in cement manufacturing, power generation and infrastructure including an oil pipeline.
Two weeks ago, the Nigerian conglomerate appointed Zimbabwean investment facilitator and journalist Ms Josephine Mahachi as its head of business development at Dangote Industries in Harare, Zimbabwe.
The geologists are believed to be visiting to assess areas with limestone deposits. Limestone is a key ingredient in cement manufacturing.
Ms Mahachi announced her appointment on social media.
“I’m happy to share that I’m starting a new position as Head of Business Development at Dangote Industries in Harare, Zimbabwe,” Ms Mahachi announced in a recent post on her X account.
Ms Mahachi’s announcement confirmed Dangote Industries is opening offices in Harare after Mr Dangote and his team signed an investment agreement last year in November with the Zimbabwean Government following his meeting with President Mnangagwa, Cabinet Ministers and senior Government officials at State House in Harare.
Ms Mahachi facilitated the investment agreement in which Bard Santner Inc. led by banking executive, Mr Senziwani Sikhosana, is the financial adviser.
An award winning journalist, Ms Mahachi has worked for German international broadcaster Deutsche Welle and television network Click Africa, which focussed on African pride and narratives across the continent.
