Horticulture sector attracts global investors to Zimbabwe
Zimbabwe’s horticulture industry is attracting significant attention from international investors and development finance institutions after years of limited engagement. Major financiers from the United Kingdom and AgDevCo pledged expanded support during an investor forum hosted by the Horticulture Development Council on Thursday in Harare. Officials aim to transform the sector into a $2.5 billion enterprise by 2030 through value-added production, sustainable practices and broader participation by small-scale farmers.
AgDevCo announced board approval to begin operations in Zimbabwe, marking a notable shift for the fund that oversees $390 million across Africa. Initial commitments will range from $3 million to $5 million, focusing on high-value exports like blueberries, citrus and macadamia nuts. The UK deputy ambassador for trade and investment, Dr. Joanne Abbot, highlighted that her nation’s 2025 trade strategy prioritizes agricultural partnerships, with bilateral commerce between the countries reaching $525 million after growing 16 percent. Britain continues backing horticultural development through the Zimbabwe Economic Stability and Transformation Programme.
Despite enthusiasm, obstacles persist around input costs, credit access and foreign currency policies. The government operates a $30 million export revolving fund while pursuing additional climate financing. Stakeholders believe continued reforms and investment could establish Zimbabwe among Africa’s leading agricultural exporters.
