Zambia, Zimbabwe offer land for Wakanda One Village multi-billion-dollar project
- Country:
- Zambia
- Zimbabwe
Both Zambia and Zimbabwe have offered a huge proportion of land to the African Union around the Victoria Falls area (that borders the two South African nations) for the construction of the Wakanda One Village project.
While Zimbabwe has offered the maximum land of 2,000 hectares, Zambia is known for offering 132 hectares to the African Union for the much-discussed Wakanda One Village project. It (the project) is said to be serving as the first of the project in the Southern African region.
The project will include a shopping centre, renewable power plants, commercial office buildings, 100-bed teaching hospital, primary and secondary schools, three five-star hotels, day-care centres, a university and technical college, pharmaceutical manufacturing plant, a monorail around the complex, game lodge, agricultural farms and parks including roads ready to support self-driving electric cars. The project takes its name from the technologically advanced, fictitious African country from Marvel's Black Panther superhero franchise, which spawned a hugely successful film last year, Lusaka Times reported.
"I met His Excellency President Emmerson Mnangagwa recently and he offered us 2,000 hectares for the regional Wakanda One Village in Victoria Falls. The offer comes after the Zambian Government offered some land across the river in Livingstone. We are looking at building a village transcending the borders of the two countries," said African Union Ambassador to the United States of America Dr. Arikana Chihombori-Quao at the recently held Intra African Trade Fair in Cairo, Egypt, Africa.com stated.
The African Union said it will first sensitize the Diaspora before forming an investment board from all the regions of Africa headquartered in Washington DC to manage the fund and decide on the value of shares and conversion factors. "We are looking at raising at least US$2 billion in the next two years with the first ground breaking set for the end of the year 2020 … We are going to build the Africa that we want so those Diasporans who say I cannot go home because home is not what I am used to will make it what they want," she opined.
Google News