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
Zimbabwe
Zimbabwe Unveils Most Ambitious Post-Independence Industrial Policy with Integrated Provincial SEZs
Cabinet has approved on the 26th of May 2026, the framework for the establishment of Integrated Provincial Special Economic Zones across all ten provinces of Zimbabwe, presented by the Minister of Fin
May 27, 2026
Top Stories
Nampak Writes Down Zim Operations by R136 Million and Exits, Cites Need to "Eliminate Risk"
Nampak Limited, the JSE-listed packaging manufacturer, reported normalised headline earnings of R346 million for the six months ended 31 March 2026, up 9% from R317 million in the comparable period of
22 hours agoSARB Raises Rates for First Time in Three Years Due to Iran War, Zimbabwe Faces Imported Tightening
The South African Reserve Bank has raised its benchmark repurchase rate by 25 basis points to 7.00% on Thursday, the first rate increase in three years, joining a small group of emerging market centra
22 hours agoWhat the Invictus PSA Really Means: Legal Framework Signed, Appraisal Wells to Decide the Prize
Invictus Energy has suspended trading in its shares pending a material announcement expected by Friday, which the company has confirmed relates to the imminent signing of a Production Sharing Agreemen
1 day agoSADC's Grain Supercycle:Zimbabwe Joins Zambia, South Africa in Record-Breaking Bumper Harvest
In the same week that Zambia announced the highest maize harvest in its recorded history, and South Africa confirmed the largest grain crop ever produced on the continent's southern tip, Zimbabwe rel
1 day agoZimbabwe Unveils Most Ambitious Post-Independence Industrial Policy with Integrated Provincial SEZs
Cabinet has approved on the 26th of May 2026, the framework for the establishment of Integrated Provincial Special Economic Zones across all ten provinces of Zimbabwe, presented by the Minister of Fin
May 27, 2026
