THE African Export-Import Bank (Afreximbank) has entered into a significant strategic partnership with CBZ Holdings and CBZ Bank, signing a US$50 million facility to support the bank’s short-term financing needs.AdvertisementsDespite securing US$115 million from three development finance institutions in 2024, the bank acknowledges that these funds have not been sufficient to address the severe liquidity…
CBZ, Afreximbankink US$50mln deal
CBZ recently acquired 36,35 percent in First Mutual Holdings Limited and its takeover bid of ZB Financial Holdings is pending approval from the Competition and Tariff Commission.