CANADIAN companies are keen on investing in Zimbabwe in response to the Second Republic’s policy to attract investments from across the world. 

The third Canada-Africa Business Conference currently underway in Zimbabwe has seen several Canadian companies in various fields such as finance, mining, agriculture, energy, retail, and distribution, showing interest in setting up projects in the country.  

“Our presence is in response to the Government of Zimbabwe’s policies on engagement and re-engagement and we see more opportunities coming up in a move that will spell opportunities for us as prospective investors,” Polaris Natural Resource Development CEO,  Mr Bill Mooney.         

“The opportunities are there and the fact that the third conference is being held in Zimbabwe is a true testimony of Canada’s commitment to working with the Zimbabwean Government, going forward the scope of business is there in the country,” noted Antrim Masharik, managing director, Mr Adam Camenzuli.

Canada’s Ambassador to Zimbabwe, His Excellency Adler Aristilde revealed commitment to investing in Zimbabwe.

“Canada’s relations with Zimbabwe rest on a solid friendship, a growing partnership and ongoing collaboration dating back over four decades. Since then, we have sought to strengthen ties between our governments, between our peoples, and between our respective private sector businesses, bilateral relations are self-reinforcing,” he said.

Zimbabwean authorities outlined the importance of Canada as a strategic partner. 

“This is the right time to strike a cordial relationship with the respective investors from Canada remember they have come on their own and they are sponsoring the entire event, a clear testimony that they want to seriously set up projects here,” said Zimbabwe Investment and Development Agency CEO, Mr Tafadzwa Chinamo.

The third Canada Africa Business Conference has also created a platform for Zimbabwe to explore ways of increasing bilateral trade ties with Canada.

ZBC NEWS