July 13, 2024

Business Tycoon Manzungu Receives Honorary Degree In The US

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Manzungu received the honorary doctorate in recognition of his global contribution to business. 

Tinashe Manzungu receiving his honorary doctorate

Tinashe Manzungu receiving his honorary doctorate. PICTURE: Supplied

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Zimbabwe business tycoon Tinashe Manzungu has received an honorary PhD in Business Administration from the California Metropolitan University.

Manzungu, a Board Director at the Africa Business Council, received the honorary doctorate in recognition of his global contribution to business. 

The former Zimbabwe National Chamber of Commerce president received the honorary doctorate at the recently ended London Leaders Without Boarders Annual Business Summit, where he was a Guest Speaker. 

In his acceptance speech, Manzungu said: “I was honoured by California University for the tremendous strides we are putting forward in both our businesses, my country Zimbabwe and the African continent.  

“It is such a great pleasure to be capped by the president of  California Metropolitan University with a PhD in Business Administration [with special recognition to Leadership and management],” he said.

The Leaders Without Boarders Annual Business Summit was held under the theme “Global Partnerships and Sustainable Investments.” It was attended by high-level achieving professionals and diplomats from Africa, USA, Europe, The Middle East, India, and China. It was also graced by world leaders and ministers representing countries such as Ghana, Mozambique, Mauritius, Dubai, Equatorial Guinea and Nigeria, among others.

Tinashe Manzungu
Tinashe Manzungu received an honorary doctorate in recognition of his global contribution to business. PICTURE: Financial Fortune Media

Manzungu was a Guest speaker representing the Africa Business Council, and he spoke on Innovations and Productivity as drivers of sustainable economic and social development.

“The platform on which I spoke was an opportunity to market Zimbabwe and Africa at large so that the world will know that Africa has many opportunities to create sustainable investments and commercial success,” said Manzungu.

He called on first-world countries to work with African countries, mostly emerging economies with their own 2030 economic targets. 

Africa Continental Free Trade Area [AfCFTA] has a 1.3  million GDP potential; hence also invited the globe to come to work together with Africa and invest financially in Infrastructure Development Projects and as well mining in keys areas such as Gold, Lithium and Diamond mining and processing since we have the reserves,” added Manzungu.

He said many countries expressed interest and are currently discussing having meetings. During the meeting, MOUs were signed between African and European countries, and both parties look forward to fruitful engagements in their implementation.

The London Leaders Without Boarders Annual Business Summit also established a platform for European companies to invest in sustainable infrastructure projects in Africa. 

Manzungu added, “We are happy with the emergence of the Africa Real Estate Association AREA; through this platform, it has been agreed to create this platform where the companies from Europe can invest leveraging on the strong African infrastructure grouping to them; it means less risk. The AREA is a platform proposed by African countries that are keen or well-vested in infrastructure development projects in their countries. It was created by Zimbabwe, Nigeria, Ghana, and Mozambique as key players in this association. As Zimbabwe is one of the co-founders, we look forward to seeing more infrastructure projects implemented because of this new big African project.”

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