8 September 2016

Zimbabwe's economy depends heavily on its mining and agriculture sectors.

Following a decade of contraction from 1998 to 2008, the economy recorded real growth of more than 10% per year in the period 2010-13, before slowing to roughly 4% in 2014 due to poor harvests, low diamond revenues, and decreased investment. Growth turned negative in 2016.

Lower mineral prices, infrastructure and regulatory deficiencies, a poor investment climate, a large public and external debt burden, and extremely high government wage expenses impede the country’s economic performance.

To learn more about Zimbabwe and the entrepreneurial investment banking services of Africa Capital, kindly contact us.