Republic of Zimbabwe

Republic of Zimbabwe

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Illustrative Policy Initiative · TA Required

Zimbabwe National AI Innovation Fund

Harare (national programme) Implementing Entity: Government of Zimbabwe — implementing agency to be designated Illustrative national initiative — pre-establishment stage; requires technical assistance for legal and governance setup before capital co-investment activity begins

Project Ref: ZIM-ZIDA-032 · Source: Zimbabwe National AI Strategy 2026–2030 — Flagship Initiative 5 ('Mugove/Umqele/Isabelo Fund'); illustrative pipeline concept, not a ZIDA-appraised investment project; pending ministry validation Unverified · Published Oct 2025

Beneficiary Ministry

ICT

Status

Published

Data Verification

Unverified

Financing Instrument

Grant / Technical Assistance

Development Objective

Proposed national co-investment vehicle to match government and private capital into AI-enabled ventures — currently pre-establishment, requiring technical assistance for legal and governance setup before any co-investment activity begins.

Project Design

Project Description

Derived from the Zimbabwe National AI Strategy 2026–2030's flagship innovation-financing initiative, this fund would mobilize blended public-private capital for AI-enabled ventures once its legal structure, governance framework, and board are established — a phased, TA-first program rather than an active investment vehicle today.

Project Design

Project Scope

  • Phase 1 — Legal establishment & governance framework (technical assistance)
  • Phase 2 — Board appointment & fund activation (institutional capacity building)
  • Phase 3 — First co-investments matching private capital (blended finance)

Financial Performance

Financial Performance Data

IRR
NPV
ROI
Payback Period
Projected Revenue

Full financial performance figures visible to approved investors. Register, then request investor verification

Impact

Expected Development Outcomes

  • Private-capital mobilization for AI ventures
  • Institutional capacity building
  • Blended-finance foundation for the digital economy

Institutional Alignment

Institutional & Stakeholder Alignment

Sector:ICT
SDGs:8917
Beneficiary ministries:ICT (Primary)Finance

National Alignment

  • Digital Economy, e-Government & Cybersecurity: National ICT Policy 2022–2027 — E-Government Rollout & Cyber and Data Protection Act
  • Investment Attraction & Private Sector Growth: ZIDA Act [Chapter 14:37] (2019) — One-Stop Investment Services Centre

Illustrative alignment mapping — pending official ZIDA/ministry validation.

Data Room

Documents & Data Room

Data room is being prepared — request early access below.

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Zimbabwe National AI Innovation Fund