Western Sanctions Hamper Zimbabwe's Economic Recovery, Malian Expert Says
16:32 04.10.2025 (Updated: 16:44 04.10.2025)
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Western Sanctions Hamper Zimbabwe's Economic Recovery, Malian Expert Says
The third-largest economy in SADC relies on agriculture to boost its economy despite the sanctions, economist Modibo Mao Makalou told Sputnik Africa.
Because of the sanctions, it is challenging for the country to attract both private and public investors, he noted.
The expert called on Africa to build win-win partnerships and ensure food sovereignty.
"Africa imports one-third of the food it consumes, amounting to approximately $70 billion. Whose interests does this serve? It certainly does not serve African interests," the speaker stressed.
Among Zimbabwe’s successes, he highlighted:
🟠 Controlled hyperinflation;
🟠 A projected 6% growth rate in 2025, above the African average;
🟠 The creation of the ZiG, a new currency backed by local gold.
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