French Companies Express Investment Interest in Zimbabwe, Says VP Chiwenga

French Companies Express Investment Interest in Zimbabwe, Says VP Chiwenga

France’s leading economic diplomacy arm, the Movement of Enterprises of France (MEDEF), is set to visit Zimbabwe in October after extensive discussions with Vice President Dr. Constantino Chiwenga. The Vice President highlighted the significant investment opportunities in the country, paving the way for MEDEF’s upcoming visit.

This visit by MEDEF is seen as a significant achievement for President Mnangagwa’s administration in its efforts to strengthen international engagement and re-engagement. Vice President Chiwenga, along with his wife Colonel Miniyothabo Baloyi-Chiwenga, recently attended a reception hosted by French President Emmanuel Macron at the Presidential Palace. The event was attended by other world leaders and was preceded by a visit to the Zimbabwean Embassy in France, where VP Chiwenga praised the embassy’s efforts.

“We have a team from MEDEF here, which I met two days ago. They are due to come to Zimbabwe to explore various areas and propose concrete projects. It’s a serious team, as you know,” VP Chiwenga stated.

During the visit, VP Chiwenga updated the embassy staff on recent developments in Zimbabwe, including President Mnangagwa’s forthcoming assumption of the Southern African Development Community (SADC) Chairmanship at the bloc’s 44th Summit of Heads of State. He also elaborated on the Second Republic’s developmental strategy and urged the Zimbabwean office in France to support the country’s engagement and re-engagement efforts.

Following the reception, VP Chiwenga attended the official opening of the 2024 Paris Olympic Games, where Zimbabwe is represented by seven athletes competing in athletics, rowing, and swimming. The athletes will be competing in various events, showcasing Zimbabwe’s talent on the international stage.

Overall, the visit by MEDEF and the discussions held with Vice President Chiwenga highlight the growing interest of French companies in investing in Zimbabwe. This development bodes well for the country’s economic growth and further strengthens its ties with the international community.