CBZ draws down on US$28.2m Afreximbank kitty

NDAMU SANDU IN CAIRO EGYPT   Zimbabwe’s largest commercial bank by deposits, CBZ Bank, has drawn down more than 60% of the US$28.2m facility it signed with Afreximbank meant to provide offshore foreign currency for local exporting firms. The US$28.2m facility was signed on the sidelines of the Intra African Trade Fair 2021 in Durban….

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