British investment firm returns to Zim after 13 years 

British International Investment (BII) has returned to Zimbabwe after a 13-year absence, committing US$50 million in fresh financing to support key productive sectors.

The development finance institution has structured the facility through two local banks, with CABS receiving US$30million while NMB Bank secured US$20 million.

The funding is expected to improve access to capital for businesses operating in productive sectors, including agriculture, as Zimbabwe seeks to accelerate economic growth, industrialisation and value addition.

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