Mutapa Investment Fund

Mutapa Investment Fund
Company typeGovernment-owned
IndustryDiversified investments
Founded2020
Headquarters,
Area served
Zimbabwe
Key people
RevenueNot disclosed
Not disclosed
Not disclosed
Total assetsUS$16 billion (2024)
OwnerGovernment of Zimbabwe
Number of employees
Not disclosed
ParentMinistry of Finance

The Mutapa Investment Fund (MIF), formerly the Sovereign Wealth Fund of Zimbabwe, is a state-owned sovereign wealth fund established to manage Zimbabwe’s strategic investments and promote sustainable economic growth. Established in 2014 under the Sovereign Wealth Fund of Zimbabwe Act [Chapter 22:20], it was renamed in September 2023 through Statutory Instrument 156 of 2023, following President Emmerson Mnangagwa’s re-election. Named after the historical Mutapa Empire, the fund manages a portfolio of over 30 state-owned enterprises (SOEs) across sectors including mining, energy, infrastructure, financial services, and agriculture, with a mission to create generational wealth and support Zimbabwe’s Vision 2030 for upper-middle-income status.