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
1 day ago
Top Stories
Zanaco's 13% Revenue Growth Fails to Lift Profits as Costs Rise, Echoing CBZ's Earnings Pressure
Zambia National Commercial Bank (Zanaco) has recorded a 13% increase in operating income to K3.30 billion (approximately US$183.2 million) for the six months ended 30 June 2026, but the improvement fa
14 hours agoCoca-Cola’s US$3.6 Billion COMESA Footprint Reveals Scale of Regional Industrial Opportunity
ZimTrade data shows that Zimbabwe exported US$222 million worth of goods to COMESA in 2025, representing a 10.4% increase from US$201 million in 2024. Despite the recovery, regional exports accounted
1 day ago
