Zimbabwe: Chinese Still Keen to Invest in IDBZ

17 April 2008

Harare — The potential uptake of a significant stake in the Zimbabwe Infrastructural Development Bank by a Chinese investor is still in the offing with a delegation having been in the country recently to assess the investment.

Herald Business broke the story in January this year, but since then the negotiations have been shrouded in secrecy. IDBZ is reluctant to divulge who the suitor is but indications still point to China Development Bank, which has made a major investment drive on the African continent.

...

AllAfrica publishes around 400 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.