December 9, 2022

President Mnangagwa in high level engagements

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Hebert Zharare in Luanda

President Emmerson Mnangagwa is today expected to have high profile meetings with some dignitaries here including the African Development Bank Group President, Dr Akinwumi Adesina, who has agreed to help Zimbabwe restructure her debt, working together with other partners. He is also meeting Commonwealth representative, Ms Patricia Scotland.

President Mnangagwa’s administration has already started moves to rejoin the Commonwealth as part of its great grand plan of engagement and re-engagement after the country left the organisation during the First Republic. The President in his recent meeting in Harare with Dr Adesina, expressed a strong commitment to work with the bank and other partners to resolve the country’s debt issues.

He is also expected to have high more profile meetings on the sidelines of the ongoing Organisation of African Carribean Pacific Simmit. The President, who was in Equatorial Guinea attending President Teodoro Obiang Nguema Mbasogo inauguration, arrived last night (Thursday).

He was received by Zimbabwe Ambassador to Angola, Retired Major General Thando Madzvamuse and some Zimbabwe officials.

Zimbabwe owes $13.5billion to multilateral financial institutions, bilateral partners, and other creditors. In his meeting in Harare, President Mnangagwa thanked Dr Adesina for accepting to be the champion for the arrears clearance and debt resolution process.

He also commended the African financial institution for standing by Zimbabwe through difficult circumstances.

The Luanda Summit according to sources will also discuss many issues among them sustainable funding of the organisation.

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