Zimbabwean President Emmerson Mnangagwa on Wednesday said he would accept defeat should his ZANU-PF party lose the presidential election later this year.
In an interview with BBC news, the 75-year-old said he will ensure “free, fair and transparent elections”, adding that “whichever party wins the election will proceed to take the reins of power.”
Mnangagwa earlier this week announced that his country will hold the vote in four to five months.
That vote will be the southern African nation’s first in which Robert Mugabe will not be participating.
The 93-year-old former president was forced into resigning after a military takeover in November, which the army initially said targeted corrupt officials in his administration.
Mnangagwa – then sacked by Mugabe as vice president – returned to the country from South Africa where he had fled to take over the presidency.
The new leader is currently in Davos, where he is leading a team of high level delegates from Zimbabwe in the World Economic Forum.
He is the first Zimbabwean leader to attend the world event.
Mnangagwa said Zimbabwe was now open for business, as he continues to woo international players to invest in his country.
On Tuesday, the European Union said it was now ready to re-engage with the country as it seeks to recover from years of economic struggle.