Page 5 - African Export News Today

THE African Export–Import Bank (Afreximbank) has signed on Friday a term sheet for a $40 million three-year trade finance facility with a key commercial bank in Zimbabwe, the Central Africa Building Society (CABS). The deal aims to support the productive sectors in Zimbabwe. The signing ceremony took place on the second day of the of…

To aid Nigeria’s non-oil export to the United States, Fidelity Bank has partnered with African Export–Import Bank (Afreximbank) on a $40million pre-export finance facility in favour of JohnVents Industries to upscale its operations and cater to a global market. According to the bank, the loan, which has been adjudged as a landmark development by analysts […]

Resultantly, businesses are unsure of the monetary direction the authorities plan to take, and many are unwilling to commit to long-term funding of projects.

According to the central bank, the tokens are fully backed by physical gold held in its vaults.

According to the central bank, the tokens are fully backed by physical gold held in its vaults.

Bulawayo's most popular daily newspaper

Abdullahi Sule, governor of Nasarawa State, says the $3bn announced by the NNPC Limited in August will be utilised by the CBN to stabilise

In October 2022, the central bank revealed that an estimated 102 correspondent banking relationships had been lost over the last decade due to Zimbabwe’s high-risk profile.

Inadequate Funding Stalls Nigeria-bound Maritime Bank’s Take-off

Zimbabwe's largest daily newspaper