Source: EU showcases expanded Zimbabwe investment footprint at 2026 ZITF – herald
Peter Matika, peter.matika@chronicle.co.zw
THE Zimbabwe International Trade Fair 2026 has provided a strategic platform for the European Union to showcase its growing investment and development footprint in Zimbabwe, with officials highlighting a shift towards large-scale, sustainable infrastructure and private sector-led growth under its Global Gateway strategy.
EU representatives said their participation at this year’s trade showcase reflects a deepening commitment to Zimbabwe’s economic transformation through targeted investments, innovation and partnerships.
“The Global Gateway is more than just an investment strategy, it is a long-term partnership framework designed to support Zimbabwe’s development priorities in a sustainable and inclusive way,” said the bloc in a statement.
“We are focusing on sectors that unlock growth, create jobs and strengthen resilience, particularly in energy, agriculture, digital connectivity and infrastructure.”
The Global Gateway initiative, the EU’s flagship external investment strategy, is already taking shape in Zimbabwe through a number of high-impact projects.
Among them is the rehabilitation of the Kariba Dam, a critical regional energy asset that supports hydroelectric power generation.
“Energy security is fundamental to economic growth. Our support to the Kariba Dam rehabilitation is helping stabilise electricity supply while contributing to Zimbabwe’s transition to a greener economy,” reads the statement.
Beyond infrastructure, the EU is also driving investment in agriculture, with €26 million currently being channelled towards strengthening value chains and promoting agribusiness development.
“In horticulture, we are working closely with producers and exporters to meet international standards and fully benefit from trade agreements with Europe. This is about opening markets and ensuring Zimbabwean products can compete globally.”
The bloc is also prioritising drought-resistant and high-value crops such as sorghum, millet, sesame and paprika, as part of efforts to build climate resilience and diversify agricultural production.
“Zimbabwe’s agricultural future lies in resilience and value addition. By supporting climate-smart crops and linking farmers to markets, we are helping create sustainable livelihoods and new business opportunities,” reads the statement.
To complement grant funding, the EU has mobilised over €100 million through European financial institutions, including the European Investment Bank, to support Zimbabwe’s private sector via local banks.
“These financing facilities offer longer-term, affordable capital that enables businesses to expand, invest in productive sectors, and ultimately create jobs. Our focus going forward is on supporting companies that integrate smallholder farmers into competitive value chains,” reads the statement.
EU officials emphasised that investment success is underpinned by strong enabling conditions, including skills development, improved governance and inclusive economic participation.
“We are investing in people as much as infrastructure. Through programmes like Erasmus+, we are equipping young Zimbabweans with skills for the digital, green and health sectors,” said the bloc.
The EU is also supporting women’s economic empowerment through a dedicated €7 million initiative targeting women-owned enterprises.
“Women are central to economic growth. By improving access to finance, skills and markets, we are helping women entrepreneurs grow their businesses and create employment,” reads the statement.
At the humanitarian level, the EU reaffirmed its commitment to supporting vulnerable communities, having provided approximately €52 million in aid since 2020.
“Our humanitarian support ensures that we stand with Zimbabweans in times of crisis, whether it is food insecurity, public health emergencies or climate-related shocks,” reads the statement.
The EU stand at ZITF features a diverse mix of private sector players, development agencies and cultural institutions, illustrating the breadth of its engagement in Zimbabwe.
Companies such as Husqvarna, Webuild and Sandvik Mining and Construction are showcasing cutting-edge technologies in agriculture, infrastructure and mining, while organisations like GIZ and CARE International are highlighting development programmes focused on resilience and sustainability.
“The diversity of partners represented here reflects the Team Europe approach, where institutions, member states and private sector actors come together to maximise impact,” reads the statement.
Youth development and cultural exchange are also key pillars of the EU’s engagement, with platforms such as Erasmus+ and youth-led innovation hubs featured prominently.
“Youth are at the centre of Zimbabwe’s future. By supporting innovation, entrepreneurship and skills development, we are helping unlock their potential,” reads the statement.
“Our message at ZITF is clear: we are a committed, long-term partner for Zimbabwe. Together, we can build a more sustainable, resilient and prosperous future.”
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