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Shaji UI Mulk founder and chairman of Mulk International launches a state-of-the-art lifestyle property in Zimbabwe

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Zim Cyber City

Zim Cyber City offers high-end, secure residential living with lavish villas and luxurious townhouses as well as a duty-free mall

HARARE, Zimbabwe, October 12, 2023/APO Group/ — 

Zim Cyber City is an incredible world-class property development that was recently launched and opened in Harare, Zimbabwe by Mulk International (https://MulkInternational.com/).

Shaji Ul Mulk, the founder and chairman of Mulk International, is accomplished entrepreneur and business who has been recently ranked 4th out of the top 100 most inspiring leaders in the Middle East. Shaji UI Mulk, with an unwavering commitment to growth and innovation, possesses a global perspective, and he is currently expanding his business ventures on a global scale, with a particular focus on the African continent.

The Mulk International Group has a diverse portfolio and is growing annually. The company’s portfolio ranges from manufacturing metal composite panels and LGS homes to real estate, sports assets, and healthcare. With an impressive net worth of over $2 billion, they have been the recipient of the Sheikh Mohammed bin Rashid’s MRM award for the best foreign manufacturer in the UAE.

Mulk International’s latest $500 million real estate project is the launch of the out-of-this-world Zim Cyber City in Mount Hampden, Harare (https://apo-opa.info/3RSX2yR). Zim Cyber City offers a blend of upscale living and premium business facilities, with state-of-the-art amenities and services.

Zim Cyber City emerges as one of Africa’s most promising, exciting, and luxurious pieces of real estate. This state-of-the-art development has been compared to the Downtown and Sheikh Zayed Road developments in Dubai, UAE. 

Zim Cyber City offers high-end, secure residential living with lavish villas and luxurious townhouses as well as a duty-free mall. With a variety of entertainment, parks and greenery, dining options, waterfront access, medical facilities, and schools. 

Africa’s most captivating real estate development is now available to welcome residents and enterprises, with a promising outlook for future advancements that will solidify Africa’s position as a prominent player in the business and community domains.

Africa’s most captivating real estate development is now available to welcome residents and enterprises, with a promising outlook for future advancements

Zim Cyber City is the first of many Mulk International Real Estate projects in Zimbabwe as well as the African continent. This iconic landmark will strengthen and promote the Zimbabwe business ecosystem. 

This one-of-a-kind property development is managed by Zimbabwe Global Investments (ZGI), operating within the Special Economic Zone (SEZ), and authorized by Zimbabwe’s President, Emmerson Mnangagwa. The President also granted Mulk International an exclusive license to establish a blockchain and digital assets special economic zone.

We are keen to witness Zim Cyber City’s role in the successful integration of blockchain and crypto technology and premium, residential living. I am thankful to The President, H.E Emmerson Mnangagwa, for his staunch support in making Zim Cyber City a project of national importance”, said Shaji UI Mulk.

Purchasers, investors, and Zim Cyber City tenants will all enjoy substantial advantages. In fact, they will have access to a range of enticing incentives, including but not limited to:

  • Freehold ownership of properties with title deed
  • Pre-approved mortgage from banks in USD
  • All transactions fixed in USD.
  • Exemption of import duties for all furniture and fittings
  • A Corporate license that will grant the buyer with:
  1. Free repatriation of capital and profits without any limit caps
  2. Ease of fund transfers in and out of the country through local or foreign bank accounts without any cap
  3.  Exemption from paying all taxes for a period of 5 years and a flat 15% tax after five years.
  4. Freehold re-sale of the real estate
  5. Permission to employ foreign staff at a flat rate of 15% tax.

When asked why Zimbabwe, Shaji UI Mulk answered: Zim Cyber City is the first of many investments that our group, Mulk International, has committed to delivering through the special economic status channel of Zimbabwe Global Investments. We have worked diligently to understand the market and gain greater insight into Zimbabwe’s culture and its bountiful opportunities. The depth of resources and advanced digital capabilities across industries gives Zim Cyber City concrete, long-term growth prospects”.

Investing in Africa provides a remarkable opportunity for Mulk International to capitalize on the extraordinary potential that the continent offers. With its diverse and stunning landscapes, Africa is not just a destination but an emerging hub of economic growth and innovation. By strategically investing and creating opportunities in Africa, Mulk International can play a pivotal role in shaping the continent’s future. This endeavor stands to benefit both the company and the African continent. Africa’s vast resources, untapped markets, and a burgeoning consumer base present an ideal landscape for expansion and sustainable business growth. This investment is not just about financial returns; it’s a commitment to participating in Africa’s development journey and contributing to its economic and social progress.

Distributed by APO Group on behalf of Mulk International.

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As global power structures shift, Invest Africa convenes The Africa Debate 2026 to redefine partnership in a changing world

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The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation

LONDON, United Kingdom, February 5, 2026/APO Group/ –As African economies assert greater agency in a rapidly evolving global order, Invest Africa (www.InvestAfrica.com) is delighted to announce The Africa Debate 2026, its flagship investment forum, taking place at the historic Guildhall in London on 3 June 2026.

Now in its 12th year, The Africa Debate has established itself as London’s premier platform for African investment dialogue since launching in 2014, convening over 800 global decision-makers annually to shape the future of trade, finance, investment, and development across the continent.

Under the theme “Redefining Partnership: Navigating a World in Transition”, this year’s forum will focus on Africa’s response to global economic realignment with greater agency, ambition and economic sovereignty.

The Africa Debate puts Africa’s priorities at the centre of the conversation, moving beyond traditional narratives to focus on ownership, resilience and long-term value creation.

“Volatility is not new to Africa. What is changing is the opportunity to respond with greater agency and ambition,” says Invest Africa CEO Chantelé Carrington.

“This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy — so African economies can take greater ownership of their growth. Success will be defined by how effectively we turn disruption into leverage and partnership into shared value.”

The Africa Debate 2026 will provide a platform for this essential, era-defining discussion, convening leaders to explore how Africa and its partners can build more balanced, resilient and sustainable models of cooperation.

Key challenges driving the debate

Core focus areas for this year’s edition of The Africa Debate include:

This year’s edition of The Africa Debate asks how we strengthen economic sovereignty — from access to capital and investment to financial and industrial policy

Global Realignment & New Partnerships

How shifting geopolitical and economic power structures are reshaping Africa’s global partnerships, trade dynamics and investment landscape.

Financing Africa’s Future

The growing need to reform the global financial architecture, new approaches to development finance, as well as the strengthening of market access and financial resilience of African economies in a changing global system.

Strategic Value Chains

Moving beyond primary exports to build local value chains in critical minerals for the green economy. Also addressing Africa’s energy access gap and mobilising investment in renewable and transitional energy systems.

Digital Transformation & Technology

Unlocking growth in fintech, AI and digital infrastructure to drive productivity, inclusion, and the next phase of Africa’s economic transformation.

The Africa Debate 2026 offers a unique platform for high-level dialogue, deal-making, and strategic engagement. Attendees will gain actionable insights from leading policymakers, investors and business leaders shaping Africa’s economic future, while building strategic partnerships that define the continent’s next growth phase.

Registration is now open (http://apo-opa.co/46b19gj).

Distributed by APO Group on behalf of Invest Africa.

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Zion Adeoye terminated as Chief Executive Officer (CEO) of CLG due to serious personal and professional conduct violations

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After a thorough internal and external investigation, along with a disciplinary hearing chaired by Sbongiseni Dube, CLG (https://CLGglobal.com) has made the decision to terminate Zion Adeoye due to serious personal and professional conduct violations. This process adhered to the Code of Good Practice of the Labour Relations Act, ensuring fairness, transparency, and compliance with South African law.

Mr. Adeoye has been held accountable for several serious offenses, including:

  • Making malicious and defamatory statements against colleagues
  • Extortion
  • Intimidation
  • Fraud
  • Misuse of company funds
  • Theft and misappropriation of funds
  • Breach of fiduciary duty
  • Mismanagement

His actions are in direct contradiction to our firm’s core values. We do not approve of attorneys spending time in a Gentleman’s Club. CLG deeply regrets the impact this situation has had on our colleagues and continues to provide full support to those affected.

We want to express our gratitude to those who spoke up and to reassure everyone at the firm of our unwavering commitment to maintaining a respectful workplace. Misconduct of any kind is unacceptable and will be addressed decisively.

We recognize the seriousness of this matter and have referred it to the appropriate law enforcement, regulatory, and legal authorities in Nigeria, Mauritius, and South Africa. We kindly ask that the privacy of the third party involved be respected.

Distributed by APO Group on behalf of CLG.

 

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The International Islamic Trade Finance Corporation (ITFC) Strengthens Partnership with the Republic of Djibouti through US$35 Million Financing Facility

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This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties

JEDDAH, Saudi Arabia, February 5, 2026/APO Group/ –The International Islamic Trade Finance Corporation (ITFC) (https://www.ITFC-IDB.org), a member of the Islamic Development Bank (IsDB) Group, has signed a US$35 million sovereign financing facility with the Republic of Djibouti to support the development of the country’s bunkering services sector and strengthen its position as a strategic regional maritime and trade hub.

The facility was signed at the ITFC Headquarters in Jeddah by Eng. Adeeb Yousuf Al-Aama, Chief Executive Officer of ITFC, and H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti.

The financing facility is expected to contribute to Djibouti’s economic growth and revenue diversification by reinforcing the competitiveness and attractiveness of the Djibouti Port as a “one-stop port” offering comprehensive vessel-related services. With Red Sea Bunkering (RSB) as the Executing Agency, the facility will support the procurement of refined petroleum products, thus boosting RSB’s bunkering operations, enhancing revenue diversification, and consolidating Djibouti’s role as a key logistics and trading hub in the Horn of Africa and the wider region.

We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth

Commenting on the signing, Eng. Adeeb Yousuf Al-Aama, CEO of ITFC, stated:

“This financing reflects ITFC’s continued commitment to supporting Djibouti’s strategic development priorities, particularly in strengthening energy security, port competitiveness, and trade facilitation. We are proud to deepen our partnership with the Republic of Djibouti and contribute to sustainable economic growth and regional integration.”

H.E. Ilyas Moussa Dawaleh, Minister of Economy and Finance in charge of Industry of the Republic of Djibouti, commented: “Today’s signing marks an important milestone in the development of Djibouti’s bunkering services and reflects our strong and valued partnership with ITFC, particularly in the oil and gas sector. This collaboration supports our ambition to position Djibouti as a regional hub for integrated maritime and logistics services. We look forward to deepening this partnership, creating new opportunities, and leveraging collaborative programs to advance key sectors and drive sustainable economic growth.”

This facility forms part of the US$600 million, three-year Framework Agreement signed in May 2023 between ITFC and the Republic of Djibouti, reflecting the strong and growing partnership between both parties.

Since its inception in 2008, ITFC and the Republic of Djibouti have maintained a strong partnership, with a total of US$1.8 billion approved primarily supporting the country’s energy sector and trade development objectives.

Distributed by APO Group on behalf of International Islamic Trade Finance Corporation (ITFC).

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