China Injects US$55 Million into Zimbabwe’s Develo...

China Injects US$55 Million into Zimbabwe’s Development and Food Security

ZimNow News Desk

In a major boost to Zimbabwe’s development and food security efforts, China has pledged a grant of more than US$55 million to support key economic sectors.

The agreement, signed in Harare on Wednesday and witnessed by President Emmerson Mnangagwa, is expected to channel resources directly into agriculture, food relief, and economic planning to buttress NDS2—areas with direct impact on people’s daily lives.

Part of the package is dedicated to food aid—actual supplies of food from China.

Government officials say part of the money will go into supporting specific crops like mushrooms, which are fast-growing, high-value, and ideal for small spaces, in order to boost income generation streams for target demographics, including rural women and youths.

China will also send technical experts to assist Zimbabwe in strengthening its macroeconomic environment. In practical terms, this means help with policy, planning, and ensuring projects are implemented more effectively—if done right, this can stabilize prices and improve service delivery in the long term.

Though not specified in detail this time, similar past agreements with China have funded borehole drilling and irrigation support in rural communities. It’s expected that part of this new grant will continue in that direction as Zimbabwe braces for a La Niña season.

This latest US$55 million agreement adds to a growing list of Chinese-backed infrastructure and development projects in Zimbabwe, including: