Zimbabwe: Mutapa Investment Fund Commits U.S.$153 Million to Revive Fertiliser Production

The Mutapa Investment Fund (MIF) has committed over US$153 million towards reviving and scaling up fertiliser production in Zimbabwe.

Giving oral evidence before the Parliamentary Portfolio Committee on Industry and Commerce, MIF Chief Executive Officer John Mangudya said part of the funds has already been disbursed.

“To date, we have disbursed US$5.3 million to Dorowa Mine for the refurbishment of the plant.

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“We have committed to…