Zimbabwe's first biodiesel plant! Will it be an economic lifeline for Zim?
This story is just a further confirmation of the nightmare of hyperinflation, famine and infra-structural collapse that Zimbabwe, which was once one of Africa's most prosperous countries, is undergoing. But coming hot on the heels of the "miracle" fuel saga, is an exciting development which every Zimbabwean must be proud of. Last month, President Robert Mugabe commissioned the first biodiesel production plant in the country. The new US$80 million biodiesel fuel plant, located about 15 kilometres north-west of Harare, is a joint venture between the Reserve Bank of Zimbabwe and a South Korean energy technology firm. This plant has the capacity to produce 100 million litres of biodiesel annually at its peak from cotton seed, soya beans, jatropha and sunflower seed. President Mugabe told guests at the plant's official opening that
As a nation we have once again demonstrated that the ill-fated sanctions against the innocent people of Zimbabwe can never subdue our resilience and inner propulsion to succeed and remain on our feet as a nation.Although I am not a fan of President Mugabe's strong speeches against the West, I am very excited with the opening of the biodiesel plant in Zimbabwe. I just hope that this plant will go a long way in solving Zimbabwe's economic problems. But I have one small question here. If the biodiesel plant revolutionizes Zimbabwe's economy as desired by most of us, will it create an African Chavez in Mugabe? Well, that aside, let me urge Malawi and other countries in the Sub Saharan Africa region to emulate Zimbabwe's example.
Soon, our economy will be paying us back the dividends of the seedlings of progression we are planting across different productive sectors. Zimbabwe was never there to collapse, is never there to collapse and will never be there to collapse.
Labels: biodiesel, Chavez, jatropha, oil, Reserve Bank, Robert Mugabe, South Korea, spirits, Sub Sahara, Timesonline, Zimbabwe
