Prominent Zimbabwean business tycoon and board director at the Africa Business Council, Dr. Tinashe Manzungu has received an esteemed honour from California Metropolitan University in the form of a PhD in business administration. This recognition comes as a testament to his significant contributions to the global business landscape.
The accolade was bestowed upon Manzungu following his participation as a guest speaker at the recently concluded London Leaders Without Borders Annual Business Summit. Having also served as the former president of the Zimbabwe National Chamber of Commerce, his expertise and achievements were acknowledged by the prestigious university.
Expressing his gratitude, Manzungu shared his delight at being recognised by California University, emphasising the significance of receiving such a global commendation. “The recognition I received from California Metropolitan University is a testament to the remarkable progress we are making in our businesses, as well as the positive impact we are having on Zimbabwe and the African continent as a whole. It is truly an honour to be granted a PhD in business administration, with special recognition in leadership and management, by the university’s president,” he stated.
The Leaders Without Borders Annual Business Summit, held from May 17th to 19th, revolved around the theme of “Global Partnerships and Sustainable Investments.” Distinguished professionals and diplomats from Africa, the USA, Europe, the Middle East, India and China attended the event, which also attracted world leaders and ministers representing various countries, including Ghana, Mozambique, Mauritius, Dubai, Equatorial Guinea and Nigeria.
As a guest speaker representing the Africa Business Council, Manzungu delivered a compelling speech on the pivotal role of innovation and productivity in driving sustainable economic and social development. He seized the opportunity to promote Zimbabwe and Africa to the world, emphasising the immense potential for creating sustainable investments and achieving commercial success across the continent.
During his address, Manzungu extended an invitation to first-world countries to collaborate with African nations, particularly emerging economies that have set their own economic targets for 2030. Highlighting Africa’s GDP potential of 1.3 trillion, he urged global partners to invest in infrastructure development projects as well as key areas such as gold, lithium and diamond mining and processing, given the abundant reserves in Africa.
Numerous countries expressed keen interest and discussions are currently underway to arrange meetings on the subject, he disclosed. Memoranda of understanding (MoUs) were signed between African and European countries during the summit, fostering optimism for fruitful collaborations in the future.
The London Leaders Without Borders Annual Business Summit also marked the establishment of a platform for European companies to invest in sustainable infrastructure projects in Africa. Manzungu lauded the emergence of the Africa Real Estate Association (AREA), an initiative that offers European firms the opportunity to invest with reduced risks by leveraging the robust African infrastructure network. The AREA was proposed by Zimbabwe, Nigeria, Ghana and Mozambique as key players in infrastructure development projects. As one of the co-founders, Manzungu eagerly anticipates witnessing the implementation of more infrastructure projects through this transformative African endeavour.
Given his involvement in mega-civil and building construction projects across southern Africa, Manzungu’s role as a major contractor in infrastructure development projects remains instrumental in driving progress and growth in the region.