Mugabe Brokers Business Deals At India Africa Summit

President Robert Mugabe is in India for the India-Africa Summit, where Harare is said to have secured a number of business deals that may help improve the ailing economy.

Top of the deals is one in which India’s Eximbank has offered Zimbabwe an $87 million loan facility for the refurbishment of the Bulawayo Thermal Power Station.

The president, according to state media, is leading a huge delegation comprising several government ministers. The Herald newspaper described the summit as the largest diplomatic event since the Commonwealth and Non-Aligned nation summits of 1983.

Several African leaders, including the African Union Commission chairperson, Nkosazana Dlamini-Zuma, are attending the four-day-summit that ends Thursday. Read More

 

Mugabe Brokers Business Deals At India Africa Summit

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