Zimbabwe’s capital markets have marked a significant milestone following the listing of Econet InfraCo on the Victoria Falls Stock Exchange, a move expected to deepen infrastructure investment and broaden investor participation.
In a statement released on Thursday, VFEX confirmed that Econet InfraCo listed by way of introduction on March 27, 2026, with trading in the company’s securities set to commence on March 31, 2026.
VFEX chairperson Florence Jambwa described the development as a strategic step toward expanding the exchange’s product offering and strengthening market depth.
“For the VFEX, this listing represents another important step in diversifying our product offering and deepening the market. Infrastructure introduces a new dimension to the Exchange, complementing our existing listings and strengthening our appeal to a broader spectrum of investors,” Jambwa said.
The listing also received strong backing from government, with Finance, Economic Development and Investment Promotion Minister Mthuli Ncube highlighting the growing role of VFEX in advancing Zimbabwe’s capital markets since its establishment in 2020.
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“Today’s listing adds further weight to that vision. With a valuation of US$1 billion, Econet InfraCo’s debut stands as the largest initial listing in the history of Zimbabwe’s capital markets. This demonstrates to the world that Zimbabwe is open for business and our regulatory frameworks are strong,” Ncube said during his keynote address.
He added that the exchange’s growth trajectory reflects increasing investor confidence, noting: “I am proud to be witnessing this growth trajectory on the VFEX, and I commend the team for the work they have done to make it a credible exchange for listings of this calibre.”
Econet InfraCo will trade under the symbol INFR.VX, with ISIN ZW VX 0901 0120, positioning the company as one of the most significant infrastructure-focused listings on the United States dollar-denominated bourse.
Market analysts say the listing introduces a new asset class centred on telecommunications infrastructure, potentially unlocking long-term capital for network expansion while offering investors exposure to stable infrastructure revenues.
The VFEX advised prospective investors to consult licensed stockbrokers or financial advisors for guidance before participating in the securities.
The listing reinforces VFEX’s strategy of attracting large-scale regional and international investments while strengthening Zimbabwe’s standing as an emerging investment destination anchored on hard-currency trading platforms.
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