Welcome to Mutapa Investment Fund.
The Sovereign Wealth Fund
of Zimbabwe
Mutapa Investment Fund (MIF) is the sovereign wealth fund of Zimbabwe which was established in 2014 by an Act of Parliament, the Sovereign Wealth Fund of Zimbabwe Act [Chapter 22:20]. It was capitalized with the transfer of selected State Owned Enterprises (SOEs) and investments under the Government portfolio in September 2023.
*The Mutapa King’s headrest is the inspiration behind MIF’s logo
About Us
Mutapa Investment Fund achieves its mandate by providing strategic leadership and oversight to its portfolio companies. This is necessary to drive economic growth, create jobs, and generate value and wealth for Zimbabwe. We are committed to leveraging on the balance sheets of our portfolio companies, applying sound corporate governance, and fostering partnerships with global investors to achieve sustainable economic development.
*The copper ingot was used as currency in the Mutapa State
The Purpose of MIF
The purpose of MIF is to lay a strong financial foundation to anchor the long-term sustainable growth of the Zimbabwean economy in line with the aspirations of Vision 2030 of transforming Zimbabwe into an Upper Middle Income country that provides a high quality of life to all its citizens by 2030, and thus to create wealth for current and future Zimbabwean generations.
*The copper ingot was used as currency in the Mutapa State
Portfolio Companies of MIF
Thirty (30) SOEs (portfolio companies) are under the administration of MIF. These portfolio companies are operating in multiple sectors of the economy composed of Mineral Resources, Agriculture & Industrials, Energy & Trading, ICT, Transport & Logistics, Banking & Financial Services and Real Estate.
Gross Portfolio Value of MIF at a Glance
As at 30 June 2024, gross asset value of funds under the management of MIF was US$16 billion.
Media
Mutapa Investment Fund plans fertiliser bond to boost local production
THE country’s sovereign wealth fund, the Mutapa Investment Fund (MIF), is seeking regulatory approval to issue a fertiliser bond aimed…
Mutapa Fund strengthens Zimbabwe’s growth agenda
ZIMBABWE’S Mutapa Investment Fund (MIF), the sovereign wealth vehicle that oversees some of the country’s most valuable state assets, has…
Mutapa Investment Fund admitted as member of continental grouping
THE African Sovereign Investors Forum (ASIF) has officially endorsed the Mutapa Investment Fund (MIF) as its newest member.
2025 Budget pins hopes on MIF’s potential
The MIF is Zimbabwe’s State owned Sovereign Wealth Fund (SWF) which is a pool of resources i.e. public equities, commodity…
MIF assets valued at 16bn
A first meeting of the Mutapa Investment Fund employees and the Chief Executive Officer, Dr John Mangudya was held in…
2025 Budget pins hopes on MIF’s potential
The MIF is Zimbabwe’s State owned Sovereign Wealth Fund (SWF) which is a pool of resources i.e. public equities, commodity…
