Afreximbank, CBZ Bank sign US$80m facility

The deal was signed on Wednesday at Afreximbank’s 31st annual meetings and 3rd Afri-Caribbean Trade and Investment Forum.
By Mthandazo Nyoni 23h ago

Afreximbank raises US$38bn through central bank deposit programme

The three-day meetings are running under the theme: Owning our destiny: Economic prosperity on the platform of global Africa.
By Mthandazo Nyoni Jun. 14, 2024

CBZ gets US$80m shot in the arm from Afreximbank to boost exports

The deal comes as a welcome relief for Zimbabwean traders, who have grappled with limited access to US dollars,
By Ndamu Sandu Jun. 13, 2024

Fresh calls for united Africa to weather global shocks

He said the global economy today is characterised by "intensification of nationalism" and a shift from the rules-based multilateral trading system.
By Ndamu Sandu Jun. 12, 2024

Gendered perspective on structured currency.

Annual inflation had reached over 1 000% and market trading including payments of public services, taxes, and fuel are predominantly pegged at USD prices.
By Vanessa Jaravaza May. 17, 2024

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 May. 3, 2024

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