ZIMBABWE secured US$1,4 billion in investment commitments in the first quarter of this year, signalling renewed investor confidence and strengthening momentum towards economic growth and job creation under Vision 2030.

The commitments were recorded through the Zimbabwe Investment and Development Agency (ZIDA), which identified and engaged 162 potential investors during the period under review.

In its quarterly report for January to March 2026, ZIDA indicated that investor interest was strongest in the energy and infrastructure sectors, reflecting continued focus on key economic enablers.

“A total of 162 potential investors were identified and engaged, with the highest level of interest coming from local asset managers, development finance institutions and investment funds,” reads part of the report.

Energy and infrastructure dominated investment leads, with renewable energy recording eight leads, while infrastructure followed with seven.

Agriculture and information and communication technology (ICT) each accounted for six leads, manufacturing three and tourism one.

ZIDA said the distribution of interest points to growing confidence in sectors linked to sustainable growth, industrialisation and technological transformation.

“The agency intensified efforts to promote projects in the ZIDA pipeline to secure investment commitments and increase the country’s visibility through targeted domestic, regional and international engagements,” it said.

The Government has been implementing reforms under the Second Republic to improve the ease of doing business, with ZIDA at the centre of efforts to attract and facilitate investment.

During the period under review, the agency participated in several high-level investment platforms, including the Mining Indaba held in South Africa, the Zimbabwe–India Business Forum, the Zimbabwe Family Business Summit, the Zimbabwe–Uganda Business Forum, and the COMESA Regional Investment Agency conference.

The engagements, ZIDA said, were aimed at strengthening trade and investment relations and linking Zimbabwean opportunities with global capital markets, sovereign funds and development finance institutions.

Zimbabwe is targeting sustained investment inflows as part of its broader economic transformation agenda under National Development Strategies 1 and 2, which prioritise energy, infrastructure, agriculture, ICT and manufacturing as key growth drivers.

Economic commentator Ms Wendy Mpofu said sustained conversion of investment commitments into actual disbursements will be critical in determining the real impact on economic growth, employment creation and industrial expansion.

“Zimbabwe’s growth story will depend on how many of these pledged investments are converted into real projects on the ground, not just paper commitments,” she said.

Since 2017, the Government has pursued economic reforms on the “Zimbabwe is Open for Business” policy, aimed at improving the investment climate, restoring confidence and attracting capital into key productive sectors of the economy.

The investment drive is further anchored on National Development Strategies 1 and 2, which prioritise investment-led growth in energy, infrastructure, agriculture, manufacturing and ICT as the foundation for achieving an upper-middle-income economy by 2030.