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Zimbabwe must open up to foreign investment

Billionaire and Africa’s richest man, Aliko Dangote, says Zimbabwe must open up to foreign investment by relaxing its stringent visa conditions and improve on the ease of doing business.

Dangote — with a net worth of $17,2 billion according to Forbes Magazine — told Tourism minister Walter Mzembi on Monday that his visit to Zimbabwe was only made possible by the ministry of Foreign Affairs.
The Nigerian billionaire is likely to spend close to $400 million on a cement plant — to produce a million-and-a-half tonnes of cement a year, making it the biggest in the country.

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