Tag: $25 million

AfDB’s approval of US $25-million Trade Finance Facility to CABS to boost Zimbabwe’s local firms

25/4/2016/AfDB The Board of Directors of the African Development Bank (AfDB) approved a US $25-million Trade Finance Line of Credit facility to Central Africa Building Society (CABS) of Zimbabwe on April 20, 2016. This medium-term facility will help to support the expansion of CABS’ operations as a provider of trade […]

S.Africa’s Tiger Brands to acquire Kenyan firm for $25 mln-paper

South African food company Tiger Brands has agreed to buy a Kenyan milling and confectionery firm for $25 million, the Business Day newspaper reported on Tuesday, citing a company executive. The Johannesburg-based maker of bread and breakfast cereal will acquire flour milling company Rafiki Mills, corporate affairs group executive Alex […]