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The package consists of a $7.5 million trade finance line of credit coupled with a $7.5 million transaction guarantee, with the aim of catalyzing approximately $146 million in trade over the course of the next three years. ....
AfDB approves US$15 million funding for Zimbabwe's First Capital Bank mbaretimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mbaretimes.com Daily Mail and Mail on Sunday newspapers.
Zimbabwe - African Development Bank's $15 Million Trade Finance Package for First Capital Bank to Support SMEs and Local Enterprises allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.
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… ....
African Development Bank Group (AfDB) / Press release | Zimbabwe: African Development Bank's $15 million Trade Finance Package for First Capital Bank to support Small and Medium sized Enterprises (SMEs) and local enterprises africa-newsroom.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from africa-newsroom.com Daily Mail and Mail on Sunday newspapers.