Zimbabwean billionaire Strive Masiyiwa’s Econet InfraCo plans Victoria Falls resort after $1 billion listing

Econet InfraCo, the infrastructure arm of Econet Wireless Zimbabwe, founded by Strive Masiwiya is advancing a multimillion-dollar luxury resort in Victoria Falls following its $1 billion listing on the Victoria Falls Stock Exchange, expanding into high-end tourism infrastructure.

Premium residential resort model

The proposed development, branded as Vic Falls Lifestyle, will feature 40 luxury residential villas complemented by premium amenities, including fine dining restaurants, wellness centers, and sports facilities. The project is designed to attract affluent global travelers seeking exclusivity, privacy, and integrated hospitality services in one of Africa’s most iconic destinations.

Under the investment structure, buyers will be able to acquire ownership of individual villas, while committing to making the units available for rental for up to 11 months per year. This hybrid model is intended to combine personal use with consistent income generation, aligning with growing investor appetite for yield-producing real estate in Africa’s luxury tourism segment.

Healthcare and security as differentiators

A notable feature of the development is the inclusion of a 24-hour private medical facility with a 10-bed capacity, offering emergency and dental care services. This addition reflects a broader trend in luxury real estate toward integrated health and safety infrastructure tailored to high-net-worth individuals.

Security and privacy are central to the resort’s positioning. The gated community will operate with round-the-clock security systems, reinforcing its appeal to investors and visitors prioritizing discretion and controlled environments.

Strategic expansion beyond telecom infrastructure

Econet InfraCo, spun out of Econet Wireless Zimbabwe, manages a portfolio spanning telecommunications towers, energy systems, and real estate assets across Zimbabwe. The Victoria Falls project follows its flagship Econet Tech City, an industrial and technology hub planned near Robert Gabriel Mugabe International Airport in Harare.

The company, chaired and founded by billionaire entrepreneur Strive Masiyiwa with a net worth of $2.2 billion, has diversified infrastructure investments, positioning the group as one of Zimbabwe’s largest private-sector players.

Scaling infrastructure and investor returns

Econet InfraCo recently listed on the Victoria Falls Stock Exchange, with a valuation of approximately $1 billion, underscoring investor confidence in its long-term infrastructure strategy. The company emphasizes recurring revenue streams driven by long-term contracts and sustained demand across connectivity, energy, and real estate assets.

As Zimbabwe continues to position Victoria Falls as a global tourism hub, the resort project signals a convergence of infrastructure investment and luxury hospitality, with Econet InfraCo aiming to capture value in one of the continent’s most recognizable destinations.