US ambassador Pamela Tremont highlights commitment to scaling investment in Zimbabwe
via NewsDay Zimbabwe5 min read
United States ambassador Pamela Tremont announced that Washington is increasing efforts to expand trade and investment with Zimbabwe, focusing on targeted, high-impact engagements. Speaking at the Innovators Forum during the Zimbabwe International Trade Fair ZITF, Tremont noted the consistent US presence at the exhibition over the past three years, emphasizing a sharpened economic focus. She stated that "connected economies drive competitive industries—linking ideas to markets, talent to opportunity, and innovation to global impact." Tremont highlighted the visit of US tech entrepreneur Bronwyn Morgan, who is engaging with Bulawayo’s innovation ecosystem through discussions on drones, artificial intelligence, and STEM-focused roundtables. The ambassador stressed that innovation ecosystems thrive on access to technology, capital, mentorship, and the freedom to experiment. She pointed out the global applicability of technologies like AI and drone technology in agriculture and healthcare, which can enhance productivity and service delivery. Tremont also mentioned that US-backed programs support entrepreneurship and innovation through partnerships with local institutions, including ZB Bank. She is set to launch the Freedom 250 Founders Museum exhibition at the National Gallery in Bulawayo and host the Bulawayo Enterprise Showcase, a "Shark Tank"-style pitching platform for entrepreneurs. Tremont concluded that the US will continue to support Zimbabwe through trade promotion, entr
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This summary was AI-generated from a story originally published by NewsDay Zimbabwe.
Air Zimbabwe is reportedly looking to revive its London route through a partnership with a Spanish carrier. However, questions have been raised regarding the suitability and details of the proposed partner airline. This development comes as the Zimbabwe Stock Exchange ZSE has received approval to launch an SME-focused exchange, which will operate through two market segments: ZEEX Private Markets and ZEEX Public Markets. Meanwhile, ART operations have been affected by power outages and raw material shortages, leading to a decline in export and paper division volumes by 6% and 26% respectively in the third quarter to June 2022.
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