In a move that highlights his growing influence on the global stage, Paul Tungwarara has been appointed to the prestigious International Council of the Global Wealth Forum, where he will represent Zimbabwe and play a key role in shaping the future of wealth creation and investment across Africa.
This appointment reflects the Forum’s dedication to assembling a powerhouse leadership team to drive economic transformation. Tungwarara, a seasoned entrepreneur and investment strategist, is expected to contribute significantly to the Forum’s mission of fostering financial growth and business opportunities worldwide.
Beyond his new role, Tungwarara has also been shortlisted for election as Chairman of the SADC region, a position that would allow him to lead initiatives aimed at expanding the Forum’s footprint in Southern Africa. If elected, he will champion investment strategies that empower entrepreneurs and strengthen regional economies.
A Dubai-based Zimbabwean business mogul, Tungwarara is the founder and chairman of Prevail International Group, a diversified conglomerate operating in construction, mining, shipping, and borehole drilling. His commitment to national development in Zimbabwe is evident through his leadership in major projects such as the Presidential Borehole Scheme, the Presidential Internet Scheme, and the Home Industries and Solar Scheme.
He is also the visionary behind Talk and Pay, Zimbabwe’s first locally owned social media and financial transaction platform, further solidifying his reputation as a forward-thinking entrepreneur in the digital finance space.
As a Presidential Investment Advisor, Tungwarara has played a crucial role in attracting high-value investments, including securing a $500 million Cyber City project in collaboration with Dubai billionaire Shaji Ul Mulk. Additionally, he is at the helm of the soon-to-be-launched Presidential War Veterans Fund and Presidential Youth Fund, two initiatives designed to support and empower key communities in Zimbabwe.
His achievements have earned him international recognition, including the Overall Top Investor in the Diaspora award at the 2024 Africa Investment Leaders Forum and Awards.
The Global Wealth Forum, which aims to build the world’s largest database of High-Net-Worth Individuals (HNWIs), currently boasts a network of 21 billionaires and 131 millionaires, with a combined net worth projected to reach $500 billion USD by 2028. The Forum is dedicated to fostering financial education, mentorship, and high-impact investment opportunities worldwide.
With Tungwarara now among its elite leadership, his expertise and vision are set to further shape the global wealth landscape and drive sustainable economic growth.
From the Communications Desk: Global Wealth Forum
