Zim should target $10bn Indian funds for Africa

ZIMBABWE should target about $500 million for infrastructure projects from the $10 billion line of credit India made available for African countries, the south Asian nation has said.

Indian ambassador to Zimbabwe Rungsung Masakui told NewsDay last week that his government was interested in infrastructure projects in power, renewable energy and agriculture mechanisation.
“If we put this all together maybe you can get $400 or $500 million and see how we can add on other products as the months go depending on how much has already been cornered by other African countries,” he said.