Cottco seeks US$45m Afreximbank war chest

The sector recorded a 61% increase in production to 90 085 metric tonnes (MT) in the 2022/23 agricultural season.
By Mthandazo Nyoni 21h ago

RBZ promises SMEs financial injection

According to the RBZ, SMEs account for only 4% of the total loans, despite them making up an estimated 70% of the economy.
By Melody Chikono and Belinda Chiroodza Apr. 23, 2024

Fresh push to deepen Africa, Caribbean ties

Oramah said a lot has happened in two years with 11 out of the 15 CARICOM states having signed the Afreximbank partnership agreement.
By Ndamu Sandu Apr. 14, 2024

Afreximbank hunts for local staff…as US$80m ATC set to begin operations in Zim

Zimbabwe and Nigeria were in 2019 selected by Afreximbank to host the first ATCs.
By Business Reporter Mar. 25, 2024

FEDA seeks to close Africa’s US$110bn equity financing gap …opens office in Rwanda

 FEDA began operations four years ago. It became the fund manager of the US$1 billion AfCFTA Adjustment Fund in 2023.
By Business Reporter Mar. 21, 2024

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