Afreximbank secures US$80 million for Zimbabwe’s CBZ Bank

Writes Baboloki Semele At the recently concluded Afreximbank Annual Meetings, African Export-Import Bank (Afreximbank) signed two significant deals with Zimbabwe’s largest bank, CBZ Bank Limited. These agreements include a US$60 million line of credit and a US$20 million Afreximbank Trade Facilitation Programme (AFTRAF) facility, totalling US$80 million. The US$60 million line of credit is designed…