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AfDB approves US$15 million funding for Zimbabwe s First Capital Bank

AfDB approves US$15 million funding for Zimbabwe s First Capital Bank
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AfDB Approves $15 Million Funding for Zimbabwe s First Capital Bank – The Zimbabwe Mail

THE African Development Bank (AfDB) has approved a $15 million funding package for Zimbabwe’s First Capital Bank to provide trade finance for small and medium-sized enterprises (SMEs) and women-owned businesses, as reported by Global Trade Review. The funding is divided equally, with $7.5 million allocated as a direct line of credit and the remaining $7.5…

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