Zimbabwe's Cabinet has approved spending at least one billion US dollars (£770 million) to create a university in honour of President Robert Mugabe, a minster has said.
The amount represents about a quarter of the country's 4.1 billion US dollars (£3.1 billion) budget.
Higher education minister Jonathan Moyo told reporters that a foundation owned by the 93-year-old president and his wife will be in charge of the university.
The project has been planned for years, but Mr Moyo says the first lady has pushed for its completion.
President Mugabe has ruled the once-prosperous southern African nation since 1980 and is already campaigning for next year's elections, despite growing concerns about his health.
Zimbabwe is currently deep in economic crisis.
About 800 million US dollars will be spent on the university's construction and 200 million US dollars put toward an endowment for research and innovation.