Resources - Africa


Small and Medium Enterprises Development Company (SMEDCO)

The Zimbabwe Small and Medium Enterprises Development Company (SMEDCO) is the nation’s leading development finance institution for the promotion and development of micro, small and medium enterprises in the country. It was formed in 1983 through an Act of Parliament, chapter 24:12 and is a parastatal which falls under the Ministry of Small and Medium Enterprises and Co-operative Development.

Ms. Gladys Kanyongo (CEO)
170 Chinhoyi Street,
Harare, Zimbabwe

Vakayi SME Fund

Vakayi SME Fund is a venture capital company created to invest in outstanding entrepreneurs providing essential services in Zimbabwe. The fund is managed by Vakayi Capital, whose founding partners are Zimbabweans based in Harare. The team’s experience and extensive business network generates a robust deal flow for capital deployment in the health, clean energy, housing and education sectors.

Chaitezvi Musoni (CEO)
9 Selous Road,Ballantyne Park,
Harare, Zimbabwe
Tel: (+263 )8677 117 251
Email: info@vakayi.com 

International buyers looking for quality products and services discover Zimbabwe’s export capacities to provide quality agricultural and manufactured products, and value-added services. Consult our Export Directory, connect with reliable suppliers, know the institutions and agencies supporting sectoral development, and find how ZimTrade can help you.


Expand your business outside Zimbabwe or diversify your overseas markets. Check your market readiness, conduct market research and understand how to plan market entry in a new market or expand in an existing market. Your success in building a sustainable export business depends on your state of preparedness, the level of commitment, effectiveness of your network, and the assistance from ZimTrade.


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Zimbabwe Economic Outlook

Economic growth is expected to improve to an estimated 2.6% in 2017 from 0.7% in 2016, driven by stronger performance in agriculture, mining, electricity, and water. Economic performance in 2018 is likely to be affected by political changes; real GDP growth is projected to be 1% in 2018 and 1.2% in 2019. The economy continues to face structural challenges from high informality, weak domestic demand, high public debt, weak investor confidence, and a challenging political environment. The country is experiencing a liquidity crisis, which is a manifestation of structural deficiencies and distortions in the economy. Progress was made in improving the business climate, but governance and accountability remain problematic.