EIB board approves funding support to female entrepreneurs

The EIB vice-president said the major priority for the bank in Africa was the promotion of women’s entrepreneurship, which was normally under SMEs.
By Melody Chikono Dec. 5, 2024

NMBZ boss speaks on horticulture funding

The group had total assets amounting to €630,2 billion as at June 2023.
By Newsday Nov. 14, 2023

Piggy’s Trading & Investing Tips: IFIs contribute to economic growth

Some examples include the World Bank, European Investment Bank (EIB) and the African Development Bank (AfDB).
By Batanai Matsika Sep. 8, 2023

‘Debt, disputed polls impede Zim’s path to secure fresh funding’

The report noted that Zimbabwe’s balance of payments situation has deteriorated due to sanctions, which has restricted its access to international credit.
By Silas Nkala Sep. 8, 2023

First Capital secures US$20m line of credit

The line was secured to develop eligible investment projects undertaken by small to medium enterprises and midcap companies under FCB locally.
By Melody Chikono Aug. 31, 2023

EU extends US$500m windfall to Zim

Over two decades ago, the EU slapped Zimbabwe with sanctions in response to a Council decision that Mugabe’s administration was grossly violating human rights.
By Tinashe Kairiza Jan. 20, 2023

Banks profitability shifting towards dollarisation-IH

Zimbabwe's informal sector contributes more than 70% to gross domestic product or household savings achieved in foreign currency.
By Mthandazo Nyoni Jan. 8, 2023

Lenders slap Zim with US$2,1b penalties

Arrears in principal, interest, and penalties are nearly equal to the country's $4,5 trillion (US$6,7 billion) 2023 national budget.
By Mthandazo Nyoni Dec. 18, 2022

HDF, EIB partner to implement Namibia’s first green hydrogen power plant

The European Investment Bank works with leading partners to support clean energy investment across Africa.
By The Standard Nov. 13, 2022