ZIDA matchmaking platform positively received in Australia
The Zimbabwe Investment Development Agency (ZIDA) says the matchmaking platform which was launched in late August has been positively received by Australian investors who are keen to invest in the country’s mineral and energy industry.
Rudairo Mapuranga
ZIDA officials attended the Africa Down Under Conference in Australia where key takeaways for Zimbabwe were centred on investment with the Investors showing interest in investing in the mining and energy sector of the country.
According to ZIDA Australians are interested in investing in the country’s mining industry but are concerned about issues of financial and asset security.
“Most Australian investors attended are former Zimbabweans who understand the mining and energy potentials and still have interests in reinvesting.
“Australian investors are interested in investing in Zimbabwe’s mining and energy sectors but are mainly concerned about financial and asset security issues.
“ZIDA mining claims matchmaking platform was well received by investors but more work needs to be done to build trust and confidence in the platform.
“More positive response is realised where actual projects are presented to potential investors rather than taking a more generalized approach,” ZIDA said in a statement seen by this publication.
The mining sector is advancing to achieve a US$12 billion mining economy by the end of this year, the gesture by ZIDA is in line with the Government’s vision to achieve an upper-middle-income economy by 2030.
The ZIDA mining claims investors’ matchmaking platform is a valuable resource for investors looking for opportunities to invest in the mining industry in Zimbabwe. The platform provides a convenient way to view registered mining claims and contact claim holders. The platform also helps to ensure that investors can find the right investment opportunities for their needs.
Speaking at the launch of the mining claim matchmaking campaign, ZIDA chief executive officer (CEO) Mr Tafadzwa Chinamo said the platform was created to the Zimbabwean brand an embodiment of excellence and a long-term partner for investors.
“Tonight, I’m excited to unveil our mining claims matchmaking platform. The platform allows claim holders to register their claims and specify the type of assistance they are seeking, such as technical assistance, tributary partnership, joint venture partnerships, debt funding, or a buyer for the mining claim. ZIDA will then market the claims to potential investors on the platform.
“To register on the platform, claim holders need to scan and upload their identification documents, claim registration certificate, valid inspection certificate, and site map and make a payment of US$500.
“On the other hand, our platform allows investors to connect with holders of mining claims in Zimbabwe and express their interest in investing in them. The platform is open to both local and international investors. To access the platform, investors need to register and submit relevant information, such as their contact details, investment objectives, and the type of mining claim they are interested in. Investors also pay a registration fee of US$1000,” Chinamo said.