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Home » Mauritian underwriter suspends Zimbabwe support

Mauritian underwriter suspends Zimbabwe support

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MAURITIAN investment bank African Guarantee Fund (AGF) has suspended its guarantee on the second and third tranches of Untu Capital’s bond after the micro-lender failed to remit fees to the guarantor due to foreign currency shortages. Last year, Untu Capital floated the notes, which have a face value of four $4 million, through a mobile…

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