HARARE, Mar 11 – Zimbabwe is searching for international partners to help fund a major satellite initiative aimed at improving national telecommunications connectivity.
The project, estimated to cost nearly $200 million, is part of the government’s broader strategy to strengthen digital infrastructure and expand access to reliable communication networks.
Finance Minister Mthuli Ncube said the government is actively engaging potential investors who could participate in the development of the satellite program.
“We are looking for partners who can support the project,” Ncube told reporters in the capital city of Harare. He added that the initiative is expected to significantly improve the country’s connectivity once completed.
Zimbabwe has already made initial steps into the space technology sector. The country launched its first mini satellite in 2022, followed by another in 2024, as part of efforts to build domestic capabilities in satellite technology and data services.
Officials believe the new satellite project will enhance telecommunications coverage, strengthen digital services and support economic sectors that rely heavily on connectivity, including finance, agriculture and education.
The government is also aiming to sustain strong economic growth. Ncube said authorities intend to maintain an average annual growth rate of at least 6%.
However, the International Monetary Fund projects that Zimbabwe’s economy will expand by around 4.6% this year.
Despite the more conservative forecast, Zimbabwe continues to position technological development and infrastructure investment as key drivers of long term economic growth.
