AfDB commits US$135 million to Zimbabwe

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THE African Development Bank (AfDB) has reaffirmed its commitment to supporting Zimbabwe’s private sector, with a pipeline of projects totalling US$135 million for 2025.

 Speaking at the AfDB’s 60th anniversary celebrations, Zimbabwe country manager Moono Mupotola, said in the past, the lender has supported the private sector by offering lines of credit and transactional guarantee facilities to local commercial banks to lend to the productive sectors.

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