Executives of the Zimbabwe Diaspora Investment Group (ZIDIG), an equity investment company of diasporans in the UK, are in Denmark engaging private and institutional investors ahead of their scheduled 10-day Diaspora Trade and Investment Mission to Zimbabwe starting on Monday 15 January.
ZIDIG Chief Executive Officer Taffi Nyawanza and Investments Executive Hillary Chindodo have been talking with investors in Denmark as part of the company’s drive to bring investment from the Nordic region into Zimbabwe. During the visit, they also sealed a partnership deal with Florence Charamba Christensen and her Afrika Consultancy leading to the opening of a representative office in Copenhagen to coordinate investment mobilisation in the Nordic region.
Investors with specific interest in Zimbabwe’s investment opportunities pitched to ZiDIG projects ranging from clean energy solutions for local authorities, real estate development to sustainable agriculture and packaging. Following the talks, some of the investors will now be joining ZIDIG on the trade and investment mission.
CEO Nyawanza said setting up a Nordic Region office in Denmark by ZIDIG signalled an important milestone for the company.
“The Nordic region presents an important first step in our expansionist agenda. It is a region with very liquid markets but have in recent years experienced negative interest rates such that investors are looking elsewhere for returns. Investors there will therefore be looking at Zimbabwe with very keen interest as a viable and exciting destination’, he said.
Investments Executive Chindodo expressed his excitement at the prospects of bringing investment from Denmark, Norway, Sweden and Iceland into Zimbabwe.
“We like what we have heard from investors in this region”, said ZiDIG’s Hillary Chindodo of the meetings the executives had.
“There is a real opportunity for Zimbabwe to bounce back as an investment destination of choice for international investors”
“The Nordic Region has a long history of providing developmental support and aid. As ZIDIG, we want the region to compliment the aid efforts with more capital investment and trade which Zimbabwe perhaps need more for it’s economic recovery and growth going forward”, said Chindodo.
Florence Charamba Christensen, has an extensive network of investors and businesses with a keen interest in African markets.
Speaking on the partnership with ZIDIG, Florence Charamba Christensen hailed the alliance as coming at the right time when her region was seeing an increased interest in doing business in and with Africa.
“I’m in no doubt that combining our diverse talents will create an explosion of the creativity & productivity needed to accelerate sustainable business development for Zimbabwe. So the partnership with ZIDIG in the Nordic region, where interest on doing business with Africa is booming, is more than welcome “
While on the trade and investment mission to Zimbabwe, ZiDIG is set to meet with senior government officials and departments, private sector business leaders and trade bodies as well as local authority executives to present some project proposals. The team is also expecting receive opportunities areas which could be of interest to ZiDIG’s network of private and institutional investors.