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Zimbabwe: Dangote Returns to Zimbabwe After a Decade, Says He Sees Transparency Now – Pledges U.S.$1 Billion Investment

Africa’s richest man, Aliko Dangote, has announced plans to invest over US$1 billion in Zimbabwe, saying he is confident in the country’s renewed transparency and improved business climate, a sharp contrast to his first experience in 2015 when proposed deals collapsed amid bureaucracy and corruption.

During his 2015 visit, the Dangote Group founder and CEO met then-President Robert Mugabe and expressed interest in developing the Sengwa coal fields and constructing a 2,800MW coal-fired power plant….

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