african development bank

Former Finance Minister Tendai Biti has said any engagement to discuss measures to resolve Zimbabwe's debt crisis needed to be inclusive and transparent for it to be successful. Biti was commending on the current meeting being held in…
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Bulawayo City Council (BCC) has said it is not incurring any costs after a contractor involved in replacing obsolete pumps at Ncema and Fernhill Pump Stations acquired faulty ones.
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Olivine Industries Ltd, a local unit of Wilmar International, is yet to receive US$8.25 million loan it secured from African Development Bank (AfDB) about four months ago because the regional banking group is waiting for a plan on how the…
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In just months, African super-banker Akinwumi Adesina has gone from glory to fighting for his career, battling US demands for a probe into accusations of ethical violations and favouritism.
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Nigeria's President Muhammadu Buhari backed the head of the African Development Bank (AfDB) for re-election at a meeting Tuesday despite a US call for him to face a fresh ethics probe.
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Olivine Industries Ltd, a local unit of Wilmar International, has secured a US$8,25 million loan from the African Development Bank (AfDB) to build two plants in line with the company’s drive to expand its food portfolio with new products.
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The African Development Bank (AfDB) has approved US$20 million funding facility to support renewable energy and resource efficient infrastructure projects in Sub-Saharan Africa.
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Zimbabwe has reached agreement with the International Monetary Fund (IMF) on a programme of economic policies and structural reforms that could pave the way to the crisis-hit country re-engaging with international financial institutions.
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Standard Chartered Bank, a British multinational banking and financial services group, has said it is waiting for approval by the British government to give the autocratic Zanu PF government a $262 million bailout loan. The British…
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The African Development Bank has agreed to write-off Zimbabwe's $601 million arrears to the bank, an official said on Tuesday, helping the southern African country reduce its loans with foreign lenders.
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