Robert Mugabe has resigned as president of Zimbabwe after 37 years in power.

Alex Thier, executive director of the Overseas Development Institute, said: 'The resignation of Robert Mugabe is a major moment in Zimbabwe’s history and could create a vital opportunity to tackle the challenges that have held back the country’s progress.

'It is now imperative the country focusses on building a credible and stable government, to help improve the lives of millions of people in Zimbabwe currently living in poverty.

'To increase prosperity in Zimbabwe, any incoming presidency must look at tackling corruption, providing a much stronger business environment, and focusing on inclusion of all citizens in government and the economy.'

Dr Judith Tyson, Research Fellow at the International Economic Development Group at ODI, said: 'There is obviously great optimism for change in Zimbabwe tonight but it is not yet clear whether a reformist government will emerge, and if it does the pathway to economic renewal is still likely to be very difficult.

'The renewal of international finance and private investment will take a credible reform process to be laid out and implemented.

'The government is effectively bankrupt and the economy has been stripped of jobs. These should be of immediate priority to any new government.'

ENDS

For more information or to arrange an interview with Mr Thier or Dr Tyson please contact James Rush on [email protected] or +44 (0)7808 791265