Harare, Zimbabwe | The Government of Zimbabwe has forged a strategic partnership with T Ten Global Sports to elevate the nation’s global profile and attract substantial foreign investment, courtesy of Special Advisor Dr Paul Tungwarara.
This initiative aligns with President Emmerson Mnangagwa’s vision of presenting Zimbabwe as “Open for Business,” leveraging international platforms to showcase the country’s vast economic potential.
With a viewership exceeding 500 million across television and OTT platforms, and a social media reach of 2.5 billion spanning over 100 countries, T Ten’s cricket leagues offer Zimbabwe an unparalleled platform to promote its investment opportunities.
The partnership will officially launch during the Abu Dhabi T10 Cricket League, positioning Zimbabwe as a premier destination for international business and economic collaboration.
Under President Mnangagwa’s leadership, Zimbabwe has experienced notable economic growth.
In 2023, the country’s GDP was valued at $26.54 billion, reflecting a 4.5% growth rate compared to the previous year.
In recent years, Zimbabwe has attracted significant Foreign Direct Investment (FDI) across multiple sectors.
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In the beverage industry, Varun Beverages, the bottling partner of PepsiCo, has invested over $40 million, creating significant employment opportunities and strengthening Zimbabwe’s manufacturing sector.
In the mining sector, under the Second Republic, international companies such as Zhejiang Huayou Cobalt are positioning Zimbabwe as a key player in the global green energy revolution, leveraging the nation’s rich mineral resources.
Meanwhile, the UAE-based conglomerate Mulk International is spearheading the development of the US$500 million Zim Cyber City in Mount Hampden, Harare.
This state-of-the-art mixed-use development promises to transform Zimbabwe’s real estate landscape with high-end residential and commercial spaces.
Additionally, collaborations with international firms are underway to harness Zimbabwe’s abundant solar and hydropower resources, advancing sustainable energy solutions and reducing reliance on non-renewable sources.
In agriculture, partnerships with global agribusinesses have bolstered Zimbabwe’s output, ensuring food security while creating export opportunities.
Paul Tungwarara, Special Presidential Investment Advisor to the UAE, hailed the strategic partnership with T Ten Global Sports as a bold step toward global engagement, emphasizing its potential to amplify Zimbabwe’s international profile and economic prospects.
“This partnership reflects Zimbabwe’s forward-looking strategy for international outreach.
“By leveraging T Ten’s global media presence, we will amplify the message that Zimbabwe is ready for business and global partnerships. It has been a privilege to contribute to this historic initiative,” said Tungwarara.
“Zimbabwe is open for business, and this partnership with T Ten Global Sports is a testament to our commitment to engaging with the world.
“Through T Ten’s extensive reach, we will showcase Zimbabwe as a thriving hub for investment and innovation.
“This collaboration marks a significant step forward in building our nation’s global reputation and economic future,” added Tungwarara.
Shaji Ul Mulk, Chairman of T Ten Global Sports, expressed enthusiasm about the collaboration.
“We are honored to partner with Zimbabwe to deliver this transformative vision.
“Through T Ten’s five global leagues, we will ensure that Zimbabwe’s message reaches key markets, connecting the nation with influential investors and creating new opportunities for growth and collaboration,” said Mulk.
Through its collaboration with T Ten Global Sports, Zimbabwe will gain exposure across the five cricket leagues’ influential markets: the Abu Dhabi T10, US Masters T10, Sri Lanka T10, and African T10 leagues
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This partnership represents a significant step toward economic reform, global engagement, and establishing Zimbabwe as a top-tier investment destination.
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