Harare – In a move poised to significantly reshape the nation’s economic landscape, the Zimbabwean government has entered a sweeping investment agreement with the pan-African industrial conglomerate, the Dangote Group.

The agreement, signed yesterday afternoon, encompasses major projects in the energy, cement, fertilizer, and infrastructure sectors. Presidential Spokesperson George Charamba announced the deal, highlighting its potential to fundamentally alter Zimbabwe’s production capabilities.

The most ambitious component of the pact is a transnational oil refinery and a massive sub-regional pipeline project. The pipeline will originate at the port of Walvis Bay in Namibia and stretch over 2,200 kilometers through several Southern African Development Community (SADC) nations before terminating in Zimbabwe.

“The pipeline will land in Bulawayo but will reach Harare via Gweru,” Charamba stated, outlining the infrastructure’s path across the country. This project is designed to secure and streamline the delivery of petroleum products to Zimbabwe and the wider region.

In the agricultural sector, the Dangote Group has identified fertilizer production as a critical investment area. Charamba explained that this intervention addresses a key weakness in Zimbabwe’s otherwise robust agricultural economy.

“The Dangote group appreciates that Zimbabwe is an accomplished Agricultural Economy and is slotted to play a key role in subregional food security, as already stated by the World Food Programme (WFP),” Charamba said. “The missing link has been investments in fertilizers which render Zimbabwe’s agricultural commodities uncompetitive when benchmarked against global prices.”

The spokesperson framed the agreement as a transformative moment for the country, signaling a major influx of foreign direct investment aimed at tackling long-standing structural challenges in energy and agriculture.

“This new investment project is sure to change the production structure of Zimbabwe,” Charamba concluded, underscoring the government’s view that the deal marks a pivotal step towards economic revitalization and enhanced regional integration.