Search results for 'African Development'
Companies
NMB Bank Harnesses DFI Partnerships to Drive 27% Loan Surge in Export-Critical Sectors
NMB Bank Zimbabwe has leveraged foreign lines of credit to fuel its growth in 2024, a critical strategy in a nation where Western sanctions limit traditional financing. The bank raised over USD 65 mil
Apr 08, 2025
World
USA Proposes to Cut $555 Million to the African Development Fund: Implications for AfDB, Africa’s Development
The Trump administration has proposed to eliminate $555 million in funding for the African Development Fund (ADF), the concessional financing arm of the African Development Bank (AfDB), marks a signif
May 07, 2025
Zimbabwe
Zimbabwe Sets March 2027 Debt Deadline as US$8.3 Billion in Arrears Weighs on Recovery
Zimbabwe is targeting March 2027 to clear its arrears with international financial institutions, as Government seeks bridge financing to restore access to affordable development funding after more th
Oct 15, 2026
World
Zimbabwe Proposes COMESA Green Industry Fund to Unlock Manufacturing and Recycling Investment
Zimbabwe has proposed the establishment of a regional Circular Economy Fund to finance industrial modernisation, recycling infrastructure and cleaner manufacturing across the Common Market for Eastern
Oct 20, 2026
Top Stories
Invictus Enters Zimbabwe's Next Gas Drilling Phase With A$8 Million Cash as Commercialisation Costs Loom
Invictus Energy is preparing to drill its next major exploration well in Zimbabwe's Cabora Bassa Basin with A$7.97 million in cash remaining at the end of September 2026, as the company advances a gas
20 hours agoAfter 19 Years, Mhembere Leaves Zimplats With a US$1.8bn Legacy. Segula Inherits the Next Test.
Mhembere joined Zimplats as chief executive on 1 October 2007, after previously leading Mimosa Mining Company. He retires as CEO and executive director of Zimplats Holdings effective 1 November 2026,
Oct 30, 2026
