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
Top Stories
Zimbabwe’s US$1.59bn Investment Pipeline Faces Execution Test: ZIDA Shifts Focus From Licences to Capital Deployment
Zimbabwe has approved almost US$1.59 billion of new investment proposals during the second quarter of 2026, although the more consequential number sits outside the licensing table. It is the amount of
46 minutes agoAir Zimbabwe’s US$11m Loss Meets Growing Aviation Market: Passenger Growth Raises Return Hurdle on Fleet Renewal
One of the more revealing findings in the latest Auditor General report is that Air Zimbabwe can produce a clean set of accounts and still remain economically fragile. The Auditor General issued an un
3 hours agoGlobal Seas Hit 21.1°C Peak in August : East Africa Braces for Floods as Southern Africa Fears Drought
Global sea surface temperatures reached 21.1°C on 22 August 2026, the highest daily reading in Copernicus records dating to 1979. The new peak exceeded the previous 21.09°C record set in March 2024 a
13 hours ago
