Search results for 'financing'
World
$80 Million Partnership: Unpacking CBZ, Afreximbank’s Landmark Financing Agreement
BZ Bank and African Export Import Bank (Afreximbank) have signed two financing facilities worth a total of US$80 million to support Zimbabwean exporters. The first facility is a US$60 million line of
Jun 17, 2024
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
Zimbabwe Courts Western Creditors for $2.6 Billion Bridge Financing, But Policy Gaps Stall Progress
Zimbabwe is pursuing $2.6 billion in bridge financing to clear $6.7 billion in arrears, a critical component of its $21 billion public debt, equivalent to 96.6% of its 2023 GDP (World Bank, 2024). Fi
Apr 25, 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
Top Stories
Karo Mining’s Loss Narrows 13% in FY2025 , Platinum Recovery Breathes Life Into Long-Delayed Project
Karo Mining Holdings Plc, the Victoria Falls Stock Exchange (VFEX)-listed mining investment company developing the Karo Platinum Project in Zimbabwe, narrowed its annual loss in the year ended 30 Sept
5 hours agoZimbabwe's Gold Royalty Reform: No Full Backtrack, a Pragmatic Gamble on Soaring Prices
Zimbabwe's gold sector has continued its remarkable surge in 2025, building on the record 36.48 tonnes produced in 2024 (following a dip to 30.1 tonnes in 2023). The country surpassed its annual prod
Dec 25, 2025
