AfDB mobilises US$40m for local businesses

The AfDB remains Zimbabwe’s lead partner in the arrears clearance process

THE African Development Bank (AfDB) says it has mobilised over US$40 million to catalyse growth in Zimbabwe’s private sector through lines of credit and trade finance facilities.The lender said the funding has been instrumental in unlocking growth opportunities for small and medium-sized enterprises (SMEs).The AfDB said its commitments to Zimbabwe have now reached US$177 million,…

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