Zimbabwe Business Tycoon Dr Tinashe Manzungu Honoured with Honorary Doctorate in Business Administration
Zimbabwean business tycoon Dr. Tinashe Manzungu honoured with honorary doctorate in business administration.
London, United Kingdom: Zimbabwe business tycoon and Africa Business Council Board Director Dr Tinashe Manzungu was recently honoured with an honorary doctorate in business administration from California Metropolitan University in recognition of his contributions to business globally, writes Staff Reporter.
Manzungu, who is also a former president of the Zimbabwe National Chamber of Commerce, received the honorary degree following his participation in the recently concluded London Leaders Without Borders Annual Business Summit, where he was a guest speaker.
In his statement, Manzungu expressed his pleasure at California University’s gesture, adding that it was a great honour to receive such global recognition.
“I was honoured by California University for the tremendous strides we are putting forward in both our own businesses, my country, Zimbabwe, and the African continent. It is such a great pleasure to be capped by the president of California Metropolitan University with a PhD in Business Administration. (With special recognition to leadership and management),” he said.
The Leaders Without Borders Annual Business Summit was held from May 17–19 under the theme, “Global Partnerships and Sustainable Investments.”
It was attended by high-level professionals and diplomats from Africa, the United States, Europe, the Middle East, India, and China.
It was also graced by world leaders and ministers representing different countries such as Ghana, Mozambique, Mauritius, Dubai, Equatorial Guinea, and Nigeria, among others.
Manzungu was a guest speaker representing the Africa Business Council, and he spoke on innovation and Productivity as drivers of sustainable economic and social development.
“The platform on which I spoke was an opportunity to market Zimbabwe and Africa at large so that the world will know that Africa has a lot of opportunities to create sustainable investments and create commercial success,” said Manzungu.
In his speech, he invited first-world countries to come work with African countries, which are mostly emerging economies that have their own 2030 economic targets.
“Africa Continental Free Trade Area has a 1.3 trillion GDP potential hence I also invited the globe to come to work together with Africa and invest financially in Infrastructure Development Projects and as well mining in key areas such as gold, lithium and diamond mining and processing since we have the reserves,” added Manzungu.
He said a lot of countries expressed interest and are currently discussing on having meetings to that effect.
During the meeting, memorandums of understanding (MOUs) were signed between African and European countries and both parties are looking forward to fruitful engagements in their implementation.
The London Leaders Without Boarders Annual Business Summit also saw the establishment of a platform for European companies to invest in sustainable infrastructure projects in Africa.
Manzungu added, “We are happy with the emergence of the Africa Real Estate Association (AREA), through this platform it has been agreed to create this platform where the companies from Europe can invest leveraging on the strong African infrastructure grouping, to them it means less risk. The AREA is a platform that was proposed by African countries that are keen or well-vested in infrastructure development projects in their countries. It was created by Zimbabwe, Nigeria, Ghana, and Mozambique as key players in this association. As Zimbabwe is one of the co-founders, we look forward to seeing more infrastructure projects implemented because of this new big African project.”
Manzungu is a major contractor in infrastructure development projects and is involved in mega-civil and building construction projects in southern Africa.