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By Kwanele Dhladhla
Afriximbank has committed to financing projects set to transform the Kingdom of Eswatini to economic greatness, including the E30 billion pledges made at the inaugural investment conference, which could create 20,000 much-needed jobs, especially for the youth.
The assurance was given by Dr. Gainmore Zanamwe, Director of Trade Facilitation and Investment Promotion at Afreximbank, when making a presentation on what the bank has to offer in terms of financing and advancement of the African economy to stakeholders and captains of industry who attended the historic conference, which was aimed at strategically positioning Eswatini as an ideal investment destination to African and international investors.
“Be it individuals, businesses, or the government, Afriximbank is ready to provide technical and financial support. We commit to ensuring the economic transformation of Eswatini,” said Zanamawe.
In terms of the preferred investment areas, he said they had already developed a company that provides intelligence in which industries have a demand for specific goods or services, which was expected to ease the process of investing. Zanamawe emphasised the importance of investing in agriculture, which he said was crucial in driving economic growth. He disclosed that billions were already available to fund investments in the agricultural space.
The director also advised that it was high time there should be eagerness for African States to invest among themselves in what he termed African Direct Investment (ADI).
“Most of the time, we tend to focus largely on Foreign Direct Investment (FDI), yet we have an opportunity for African member states to invest among themselves,” he opined.
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Prime Minister Russell Dlamini hailed the dynamic and truly inspiring inaugural Eswatini Investment Conference, which attracted investments valued at over E30 billion into the Kingdom.
The PM, when closing the two-day conference held at Ezulwini, Sharma House between 14- 15 May 2025, said on behalf of the government, extended heartfelt appreciation to all potential investors who joined, both from across the continent and around the world.
“Your curiosity, your engagement, and your willingness to explore opportunities in Eswatini have brought this event to life. To our generous sponsors, thank you for believing in the vision of this conference. Your support laid the foundation for something much bigger than an event – you have helped catalyse a movement for economic transformation in our Kingdom,” Dlamini said.
Dlamini said he was especially honoured to recognise the remarkable institutions whose leadership and partnership continue to shape Africa’s economic future.
To the African Continental Free Trade Area (AfCFTA) Secretariat, he said, “Thank you for highlighting Eswatini’s potential in a rapidly integrating African market. Your work opens new doors for regional investment and shared prosperity.”
To the International Trade Centre (ITC), he said their efforts in empowering small businesses and connecting them to global markets are creating a lasting impact.
Dlamini applauded Afreximbank’s bold vision, financial leadership, and commitment to Africa’s industrialisation, which is inspiring.
“We deeply appreciate your support in unlocking capital for sustainable growth. To Illovo Sugar Eswatini, RES, African Alliance, Kellogg Tolaram, and the rest of the companies, your pledges to expand operations in the Kingdom are a powerful show of confidence.
Thank you for your long-standing partnership and continued investment in our people and economy,” Dlamini said.
To the Eswatini Investment Promotion Authority (EIPA) – he said hard work, coordination, and dedication made the conference not only possible but a great success.
“You’ve been true ambassadors of Eswatini’s potential. I would have made a big mistake if I did not recognise all the companies, investors, delegates, and participants who engaged, pitched, networked, and committed – we thank you,” he said.
The PM went on to state that all the pledges that were made at the conference deserved applause.
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“To those who have pledged to grow your businesses or invest for the first time in Eswatini, your commitment speaks volumes. We are ready to walk this journey with you,” the PM said.
Dlamini committed to ensuring that investors in the Kingdom of Eswatini experience world-class service.
“Eswatini is open for business. We are politically stable, strategically located, and rich in potential, with a growing, productive, and youthful workforce and preferential access to regional and international markets,” said Dlamini.
The PM went on to state, “We are committed to supporting investors, removing barriers, and fostering partnerships that deliver long-term value. If you are looking for your next opportunity, choose Eswatini. Build with us. Grow with us. Succeed with us.
Thank you. And we look forward to welcoming you – and your investment – back to the Kingdom of Eswatini very soon.”
