Mnangagwa special investment advisor Tungwarara brings UAE based investors to push green energy

Harare – PRESIDENTIAL special investment advisor Dr Paul Tungwarara has used his strong business in the UAE to lure investors with view of boosting green energy.

The deal is part of a strategic partnership between the Zimbabwean government and T10 Global Sports, aimed at unlocking investment opportunities.

Tungwarara lured Dubai based investors and they are planning to set up a solar power plant in the country.

The proposed solar facility is anticipated to create much-needed formal sector employment, bolster the government’s Presidential Solar Scheme, and alleviate persistent power outages that have long hampered economic growth.

Speaking to journalists at Robert Mugabe International Airport Wednesday, T10 Global Sports Chairman and Dubai-based billionaire Shaji Ul Mulk confirmed the partnership’s success in attracting global capital.

“This delegation was initiated by His Excellency President Emmerson Mnangagwa under the ‘Zimbabwe is Open for Business’ program,” said Mulk.

“We promoted Zimbabwe’s investment potential during the Indian T10 Cricket Tournament, broadcast live in over 100 countries.

“The investors here today plan to establish ventures across diverse sectors, including solar panel manufacturing, drone technology, surveillance systems, and agriculture, with more projects on the horizon,” he added.

Presidential UAE Investment Adviser Paul Tungwarara echoed Mulk’s optimism, highlighting the collaboration’s tangible outcomes.

“These developments stem from Zimbabwe’s involvement in the T10 tournament, which has showcased the nation as a prime investment destination.

“Finalizing plans for a solar panel manufacturing plant will position Zimbabwe as a global player in renewable energy, further attracting international investors,” Tungwarara stated.

The solar initiative aligns with Zimbabwe’s broader goals of achieving energy self-sufficiency and modernizing infrastructure.

Analysts note that localized solar panel production could reduce costs, accelerate electrification projects, and support sustainable development in rural communities.

Zimbabwe continues to leverage sports diplomacy and economic reforms under its “Open for Business” agenda, this partnership marks a pivotal step toward revitalizing the nation’s energy sector and fostering long-term economic resilience.