Zimbabwe’s $500 million ethanol plant gets the go-ahead

The Zimbabwean government has given Zimbabwe Bio-Energy, a joint venture between a group of private investors and the Development Trust of Zimbabwe, the go-ahead to develop its $500 million (€432 million) ethanol plant project in Nuanetsi Ranch in Mwenezi.

The project, which will be the largest in the country, is expected to have more than 5000 employees and promote sugar growing by farmers.