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Home » AFC launches US$9m credit facility
Companies & Markets

AFC launches US$9m credit facility

written by Prisca Tshuma, Staff Writer 0 comments
AFC Insurance managing director Cuthbert Masukume said the new products were developed to provide affordable cover to groups that have long been underserved.
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AFC Commercial Bank (AFC Bank) has availed a US$9,6 million line of credit facility to support smallholder farmers, rural enterprises and value chain actors across the country under the Smallholder Agriculture Cluster Project (SACP).AFC Bank, a subsidiary of AFC Holdings, was established following the restructuring of Agribank in 2021 and is wholly owned by Mutapa…

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