Afreximbank concludes package of loans valued at US$190 million for Zimbabwe’s CBZ Bank

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Afreximbank has finalized loan agreements totaling US$190 million for Zimbabwe’s CBZ Bank to support Zimbabwe’s economic growth. The three facility agreements were signed in El Alamein, Egypt by key executives from both institutions.

By Udeme Akpan African Export-Import Bank (Afreximbank) has concluded financing facilities totaling US$190 million for CBZ Bank Limited of Zimbabwe, which is expected to support Zimbabwe’s economic growth. In three separate facility agreements, signed in El Alamein, Egypt, by Haytham Elmaayergi, Executive Vice President, Global Trade Bank, Afreximbank, and Valeta Mthimkhulu, Managing Director, CBZ Bank […] The post Afreximbank concludes package of loans valued at US$190 million for Zimbabwe’s CBZ Bank appeared first on Vanguard News.