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 […]
Tag: Zimbabwe
Zimbabwe’s External Debt High-Lagarde
By Peter OBIORA InvestAdvocate Lagos (INVESTADVOCATE)-Christine Lagarde, Managing Director (MD) of the International Monetary Fund (IMF) Thursday said Zimbabwe’s external debt is high and largely in arrears. Lagarde made this affirmation at the approval of a Staff-Monitored Program (SMP) for Zimbabwe, covering the period April-December 2013. “Zimbabwe’s external debt is […]
