CABS secures US$25m AfDB facility

The facility will enhance foreign currency liquidity support for the building society amid a tough economic climate in Zimbabwe, AfDB said in a statement.
By Business Reporter Dec. 21, 2023

Zambia’s UCF plans US$700m investment in Zim’s fertiliser sector

The interest by UCF comes on the back of plans by an Egyptian tycoon Sherif El Gabaly to invest in the local fertiliser sector.
By Business Reporter Dec. 13, 2023

Forbes Africa names Oramah Person of the Year

The Forbes award comes barely a month after the Afreximbank chief received the Zik Prize in Professional Leadership at an event in Lagos, Nigeria.
By Business Reporter Dec. 11, 2023

Reserve Bank secures $800m in BOP support

In its 2022 annual report released late last month, the central bank said the money includes letters of credit (LCs).
By Mthandazo Nyoni Dec. 1, 2023

AfCFTA has potential to end Africa’s colonial legacy: Ekra

The IATF2023 provides a platform for enterprises to access an integrated African market of over 1,3 billion people with a GDP of over US$3,5 trillion generated by AfCFTA.
By Enos Denhere Nov. 17, 2023

Afreximbank ropes in Zim in US$2bn agric plan

Monday’s agreement was signed by ARISE Integrated Industrial Platforms and the governments of Chad, Malawi, Zimbabwe and Egypt.
By Ndamu Sandu Nov. 15, 2023

US$1bn injection breathes life into African films

The programme provides a range of financing and non-financing instruments and interventions aimed at supporting trade and investment in Africa’s creative sector.
By Winstone Antonio Nov. 13, 2023

Exodus & Company inks US$141m deal with Afreximbank

The seven-year facility will also benefit other downstream industries on the continent.
By Business Reporter Nov. 11, 2023

Boost for Zim exporters as CABS secures US$40m Afreximbank facility

The trade finance line of credit facility was signed Friday on the sidelines of the Intra-African Trade Fair underway in Cairo, Egypt.
By Ndamu Sandu Nov. 10, 2023