Zimbabwe initiates Africa's largest steel plant, led by China's DISCO, with $1.5B investment, creating 10,000 jobs and $5B economic impact, amid local villagers'

Zimbabwe is establishing Africa's largest steel plant, led by China's Dinson Iron and Steel Company (DISCO), with a $1.5 billion investment. The facility, which began production in July, aims to create 10,000 jobs and generate $5 billion for the economy. However, local villagers allege land seizures without compensation, environmental harm, and inadequate relocation support, raising concerns over food security. DISCO denies these claims, asserting its commitment to compliance and community support.

October 30, 2024
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