Afreximbank

The National Social Security Authority (Nssa) remains on a path to improve the efficiency of its investment portfolio, and the latest development in this respect is the proposed disposal of a significant stake in Turnall Holdings and part…
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Zimbabwe is set to clear its arrears owed to Mozambique and South Africa after securing a US$100-million facility from Afreximbank and revive a 30-year trilateral agreement with the two neighbouring countries as part of immediate-term…
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Zesa Holdings is seeking to raise $128 million to finance construction of the 30 Megawatts Gairezi hydro power project, where little progress has been registered since the tender was awarded in 2015.
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Zimbabwe should dump its discredited bond notes and real time gross settlement (RTGS) system and re-introduce the United States dollar as a way of solving the country’s fragile currency situation and reduce inflation, economist Steve Hanke…
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Reserve Bank of Zimbabwe (RBZ) Governor Dr John Mangudya yesterday defended the use of bond notes, saying the real cause of problems facing the economy was not the surrogate currency, but ballooning electronic balances, which are not backed…
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The African Export Import Bank (Afreximbank) says it is finalising a $500 million loan facility for Zimbabwe, to help secure the foreign-currency starved southern African country’s imports.
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The African Export-Import Bank (Afreximbank) has confirmed holding talks with a Zimbabwean delegation led by Finance and Economic Development Minister Professor Mthuli Ncube in connection with a $500-million nostro stabilisation facility.
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Great Dyke Investments (GDI) has selected Egypt-based Afreximbank as the lead arranger for a $2 billion loan to finance development of its precious metals mine and smelter in Darwendale, west of Harare, chairperson Dr Resphina Rukato has…
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The Zimbabwe Power Company is set to meet senior officials from Jaguar Overseas Limited (JOL) in a preparatory meeting ahead of imminent release of $70 million by Afreximbank for rehabilitation of Harare Power Station.
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The Reserve Bank of Zimbabwe said it drew down as much as $1,1 billion from nostro stabilisation facilities last year extended by the Afreximbank as it sought to stabilise the foreign exchange market
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