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
BAT South Africa Retreats as Illicit Cigarettes Take Over ,Can Legal Production Survive?
British American Tobacco South Africa (BATSA) one of the country’s most established manufacturers is winding down cigarette production and will close its Heidelberg plant by the end of 2026. The decis
3 hours agoTharisa Paints Bullish Picture for 2026: Robust PGM Growth, Strong Balance Sheet, and Karo Momentum
Tharisa plc, a dual-commodity mining company listed on the London Stock Exchange and Johannesburg Stock Exchange, with operations spanning South Africa (Tharisa Mine in the Bushveld Complex) and Zimba
Jan 16, 2026From Lithium to Copper; Prospect Resources’ Pivot from Zimbabwe to Zambia Signals Strategic Bet on Future Metals
ith lithium in the rear-view mirror, Prospect is now banking on copper a metal equally critical in the green energy and digital revolutions. Its Mumbezhi Copper Project, located in Zambia’s Central Pr
Jan 16, 2026Caledonia Seeks to Raise US$120m in Convertible Debt as Bilboes Funding Needs Intensify
aledonia Mining Corporation, Zimbabwe’s third-largest gold producer, has moved to secure up to US$120 million through a proposed issuance of convertible senior notes due 2033, a financing decision ref
Jan 15, 2026
