Zimbabwe

SUBSIDIAIRY NAME COUNTRY SECTOR/INDUSTRY OWNERSHIP % ACQUISITION DATE ACQUISITION VALUATION TOTAL ASSET VALUATION
FULLFIRE PV SOLAR FARM ZIMBABWE ENERGY 70% IIB-DG SEPTEMBER 6TH 2021 $2.5 BILLION USD 25 BILLION USD
RUFARO SOLAR FARM ZIMBABWE ENERGY 70% IIB-DG FEBRUARY 13TH 2021 $250 MILLION USD 2.5 BILLION USD
CO ASH GAS POWER PLANT ZIMBABWE ENERGY 70% IIB-DG JULY 3RD 2021 $2.5 BILLION USD 25 BILLION USD
THE CBM (COAL-BED METHANE) ZIMBABWE ENERGY 70% IIB-DG 4.3 BILLION 43 BILLION

ENERGY, OIL REFINERY, and GAS

HOREB CAPITAL (PTY) LTD: IIB-DG acquired Horeb Capital (PTY) LTD on February 13, 2021, for the purposes of financing, constructing, and developing Rufaro Solar Farm in Zimbabwe having been Convinced of the importance of investment with a knock-on effect on the economy of the country and creation of employment.

CO-ASH RESOURCES (PVT) LTD: IIB-DG acquired Co-Ash Resources (PVT) Ltd for the purpose of designing, financing, constructing, and developing Co-Ash Resources 1000 MW Combined Thermal Gas Power Plant in Matabeleland North, Zimbabwe, which will improve the economic aspect of the country and create employment.
RAVETCH INVESTMENT PVT LTD: Pilot Gas Production with a 350Kva generator on-site and the Report by Grant Thornton clearly demonstrates the business case. Our competitive advantage is that the extent of the resource is among the highest in the world, and we are the only ones who have done extensive exploration with a proven resource of about US$15billion. The technology to be employed is the latest and most cost-effective.

MINING

RAVETCH INVESTMENTS (PVT) LTD: The SG is in the Lubimbi coal field area, southeast of the Hwange coal fields. It is one of the largest CBM deposits in the world, and Discovery has a 25-year production license over 1,100 km² with the potential for thousands of wells that require no fracking. This Executive Summary will also highlight the advantages of CBM to Zimbabwe’s economy and ensure cheap and affordable energy for the poor.

Contact Information

  • Global Headquarters: WASHINGTON
    1050 Connecticut Ave. NW, 10th Floor
    Washington, District of Columbia 20036
    United States of America
    Phone: 571-207-0211
    Fax: 202-217-4050
    info@iibdevelopmentgroup.com
  • Harare Office
    5th Floor, Shanda House,
    17 Park Street
    Postal Address
    P.O. Box ST 523,
    Southerton,
    HARARE
    Tel:+263 (4) 706-762 / 252-224 / 752-616
    Fax:+263 (4) 250-539
    Cell:+2637-1240-0523 / 912-571-317
    info@cnmybj.co.zw
  • Bulawayo Office
    3rd Floor, Fidelity Life Centre,
    Cnr 11th Avenue/Fife Street
    Postal Address
    P.O. Box FM 254,
    Famona
    BULAWAYO
    Tel:+263 (9) 75-709 / 75-719
    Fax:+263 (9) 75-719
    cnmybjbyo@gmail.com

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