In his keynote address at the second AfriCaribbean Trade and Investment Forum (ACTIF 2023), Oramah said progress after the two regions resolved to cement ties.

The facility was signed by Kanayo Awani, executive vice president Intra-African Trade Bank, Afreximbank, and Nicholas Higgs, BDB’s managing director.

IATF2023 is jointly organised by Afreximbank in collaboration with Egypt, the African Union Commission, and the AfCFTA Secretariat to boost intra-African trade.

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

The renowned chemical engineer said Zimbabwe was giving "good facilities" to investors.

Monday’s agreement was signed by ARISE Integrated Industrial Platforms and the governments of Chad, Malawi, Zimbabwe and Egypt.

When the Victoria Falls Stock Exchange (VFEX) debuted in 2020, there were concerns that its incentives would see listed companies abandoning ZSE in favour of the dollar-only bourse.

NewDay Business distils some of the key numbers that shaped 2023.

Zimbabwe will begin collecting the domestic minimum top-up tax (DMTT) with effect from January 1, 2024.

Mangudya told a parliamentary portfolio committee that without Zamco, the economy would have collapsed.

Oramah said a lot has happened in two years with 11 out of the 15 CARICOM states having signed the Afreximbank partnership agreement.

The decline in intra-African trade, Obasanjo said, does not support the development and socioeconomic condition of the continent.

He said the global economy today is characterised by "intensification of nationalism" and a shift from the rules-based multilateral trading system.