AFDB approves US$25 million loan facility for Zim firms.
The African Development Bank Group currently supports 13 initiatives in Zimbabwe valued at $144 million.
By Online Reporter
Dec. 20, 2023
Boost for SMEs as NMB secures US$15m facility
The bank also announced it was working on securing more than US$55 million from two international institutions that had already conducted due diligence on the bank.
By Business Reporter
Dec. 8, 2023
Climate change: Zim risks mounting debt
On the eve of the summit for a New Global Financing Pact in Paris, Action Aid revealed that branding loans as climate finance risks make vulnerable countries’ problems even worse.
By Lorraine Muromo
Jun. 27, 2023
Climate resilience gaps, opportunities in Africa
Thus far, the programme has supported 38 African countries and trained over 1 000 climate change experts on a continent of 1,4 billion people. The figures are not consistent with the demand.
By Takudzwanashe Mundenga
Jun. 22, 2023
Debt, sanctions and policy: Nowhere to hide
Zanu PF has made many errors and mistakes, and for whatever reason, its leaders keep repeating them over and over again.
By Newsday
May. 20, 2023
Unlock the impact potential of agricultural SMEs in Africa: Experts
The African Development Bank Group and the Government of Canada announced the establishment of a new special fund to support Africa’s small and medium-sized enterprises in the agriculture sector.
By African Development Bank
Feb. 12, 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
Govt pays US$114,7m towards PPG debt
Except for the RBZ external debt and blocked funds, the majority of the PPG external debt stock is made up of principal arrears of US$2,7 billion.
By Mthandazo Nyoni
Dec. 13, 2022
AfDB approves Energy Access Finance Framework
The African Development Bank developed the LEAF program, in collaboration with the Green Climate Fund, which approved US$170,9 million in concessional financing for it in July 2021.
By The Southern Eye
Feb. 20, 2022
