Rise of Young Entrepreneurs in Zimbabwe: A new wave of innovation and leadership

David Mantiziba CEO of WildFin Microfinance Zimbabwe and Zambia,

ZIMBABWE In recent years, Zimbabwe has witnessed a notable surge in young entrepreneurs making significant strides across various sectors of the economy. This emerging generation of business leaders is challenging traditional norms, leveraging technology, and demonstrating that age is no barrier to impactful entrepreneurship.

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Among the most prominent figures is David Mantiziba, whose story exemplifies this trend. At just 22 years old, Mantiziba is recognized as the youngest CEO of a licensed financial institution in Zimbabwe’s recorded history, leading Wildfin Financial Services through rapid growth and innovation. His leadership has been characterized by a focus on digital financial inclusion, notably pioneering Zimbabwe’s first fintech to offer instant remote credit lines.

Mantiziba also serves as the Chairman of Skipwide Group of Companies, a diversified business conglomerate with interests spanning real estate, automotive, and software development. Under his guidance, Skipwide has expanded into the tech space, acquiring a UK-based franchise called Eazi Apps in 2020, which operates as a software franchise in Zimbabwe and South Africa. “This venture represents our commitment to leveraging global technology to solve local challenges,” Mantiziba explained.

The rise of entrepreneurs like Mantiziba signals a broader shift in Zimbabwe’s business landscape. Young entrepreneurs are increasingly harnessing digital platforms, innovative business models, and cross-border investments to fuel growth. Many are also focusing on sectors that have traditionally been underserved, such as financial technology, real estate, and renewable energy.

Economic analyst Tendai Chikore noted, “The energy and creativity of Zimbabwe’s youth are becoming a vital force in driving economic diversification. These entrepreneurs are not just building businesses—they are reshaping the future of the country’s economy.”

Other young entrepreneurs are also gaining prominence. For example, Calson Mudzonga, a tech startup founder, has developed mobile solutions aimed at improving financial literacy and access to services. Meanwhile, young real estate developers are transforming urban spaces, and automotive startups are introducing innovative mobility solutions.

This surge of youth-led entrepreneurship is being supported by a growing ecosystem of incubators, mentorship programs, and access to digital finance, all of which provide a fertile environment for fresh ideas to flourish. It underscores a broader narrative of youthful resilience and ingenuity in Zimbabwe, countering economic hardships with innovation and determination.

As Zimbabwe continues to navigate economic challenges, the contributions of its young entrepreneurs offer a promising outlook. Their ventures not only create jobs and stimulate growth but also demonstrate that the future of Zimbabwe’s economy may well be shaped by its innovative youth.

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