Staff Writer
Reserve Bank of Zimbabwe Governor Dr John Mushayavanhu has welcomed a US$30 million financing facility secured by Central Africa Building Society (CABS) from British International Investment (BII), but said more long-term capital was needed to meet the financing requirements of Zimbabwe’s productive sectors.
The four-year facility, which comprises a US$20 million term loan and a planned
Staff Writer
Central Africa Building Society (CABS) has secured a US$30 million financing partnership with British International Investment (BII) to expand access to long-term funding and trade finance for Zimbabwe’s agriculture and food manufacturing sectors.
The facility, comprising a US$20 million term loan signed this week and a planned US$10 million trade finance facility, is expected to strengthen