Billionaire Nawab Shaji Ul Mulk, who is based in Dubai in the United Arab Emirates, broke ground this week on a project that aims to build Africa’s tallest building and an accompanying tech hub north of the Zimbabwean capital city of Harare.
Zimbabwe, once seen as the bread basket of Africa, suffered economic collapse over the last two decades after former President Robert Mugabe began persecuting gays, unions, and the political opposition in the late 1990s and early 2000s.
In 2000, Mugabe infamously launched a “land reform” program that was supposed to have redistributed land from white commercial farmers to poor black residents and veterans of Zimbabwe’s liberation war. As white farmers were violently pushed off their land, farms were distributed to members of the ruling party, and the economy collapsed.
It is unclear how Ul Mulk plans to recoup his investment, given the fact that Zimbabwean economy remains very
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