Tourism and Hospitality Minister Walter Muzembi says this will help the country capture what he called "a brand opportunity" from hosting "a team whose brand value stands at US$60 billion" (about R460 billion).
Zimbabwe plays the Samba Boys on Wednesday, 2 June at the National Sports Stadium in Harare.
Muzembi declines to reveal figures, citing confidentiality, but notes that they have been paid half of what they had asked for - not surprising when some reports have it that they were asking an astronomical amount.
The Brazilians have been booked at the five-star Rainbow Towers Hotel, formerly Sheraton Hotel, at which 70 rooms costing an average of US$500 (about R3810) per room have been reserved. A subsidiary of South Africa's Impala Platinum, Zimplats, has been persuaded to help with the sponsorship, as well as struggling state-owned mobile phone company, NetOne. CBZ Bank, in which government has a shareholding, has also been roped in to fund the Brazilians' visit.
Muzembi says they expected increased tourist traffic into Zimbabwe as a result of the deal with the Brazilians.
"Our own brand opportunity will arise from our ability to sell the country before, during and after the match," Muzembi told the state-owned Sunday Mail newspaper.
