https://www.thezimbabwemail.com/business/mutapa-investment-fund-injects-10-million-into-invictus-energy-to-boost-long-term-economic-growth/
https://www.newzimbabwe.com/mutapa-investment-fund-justifies-us10-million-capital-injection-to-invictus-energy/
• Mutapa Investment Fund Injects $10M: Zimbabwe’s Mutapa Investment Fund has invested $10 million into Invictus Energy. This capital injection is aimed at boosting long-term economic growth by supporting the development of the Mukuyu gas field and other exploration activities in the Cabora Bassa Basin. The fund sees this as a strategic investment that could provide significant returns for Zimbabwe’s economy.
• Stratgic Justification for the Investment: The Fund justified the $10M capital injection, emphasizing the potential economic benefits from the Mukuyu gas project. They highlighted the potential for energy self-sufficiency and export revenue, which aligns with Zimbabwe’s broader economic goals.
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