Source: Africa Publicity
The Dangote Group of Nigeria is expected to invest about $1 billion in a pipeline, power generation and cement plant in Zimbabwe.
CEO and Founder of the Dangote Group, Aliko Dangote, signed a deal with the Zimbabwean government on Wednesday, November 12, 2025.
He met with Zimbabwean President, Emmerson Mnangagwa, in Harare prior to signing the deal.
According to Dangote, “We have just actually signed an agreement between Zimbabwe and Dangote Group to do various investments in various sectors, some of which, of course, border on cement, some of it in power generation, and some of it in pipelines to bring petroleum products.”
He says the investment will be worth over $1 billion “because of the pipeline”.
He says “And also, when you look at what His Excellency has actually done in terms of turning the economy around, that really gave us the confidence that this is the right time for us to come and invest.”
According to “And, you know, it’s like somebody, when you pass the exam, people have to give you a good mark. So His Excellency has passed that exam.”
