March 15
Zimbabwe: African Development Bank Signs $15 Million Transaction Guarantee Facility With NMB Bank Zimbabwe
The African Development Bank and NMB Bank Limited Zimbabwe (NMB) have signed a $15 million Trade Finance Transaction Guarantee Facility to unlock trade finance opportunities for… Read more »
December 19, 2023
Central Africa: Zimbabwe - African Development Bank Approves $25 Million Trade Finance Line of Credit for Central Africa Building Society
The Board of Directors of the African Development Bank Group has approved a $25 million trade finance line of credit facility to the Central Africa Building Society of Zimbabwe, to… Read more »
December 06, 2023
Africa: African Development Bank Approves Usd 15 Million Trade Finance Transaction Guarantee Facility for NMB Bank to Support SMEs and Local Corporates in Zimbabwe
Support from the African Development Bank will enable NMB Bank to support SMEs and local businesses, including those owned by women. Read more »
December 05, 2023
Africa: Mozambique - African Development Bank Grants $33 Million to Improve the Electrical Grid Near Borders With Malawi, Zambia and Zimbabwe
The African Development Bank will contribute through the implementation of this project to improve access to electricity for people in Central and Northern Mozambique. Read more »
July 11, 2023
Africa: Zimbabwe Hosts 5th Structured Dialogue On Debt With Creditors
Since late 2022, the government of Zimbabwe has been engaged in a concerted process to resolve its official debt and clear its arrears with international creditors, including the… Read more »
June 05, 2023
Zimbabwe: Time to Walk With Zimbabwe, African Development Bank President Says At Roundtable On Zimbabwe's Debt Arrears Clearance
A resilient Zimbabwe will bolster Southern Africa Development Community's growth prospects Read more »
May 16, 2023
Africa: Zimbabwe Commits to Implementing Key Reforms to Resolve Debt Burden, End 21 Years of Sanctions
African Development Bank Group's Adesina calls for urgency in implementing reforms Read more »
May 13, 2023
Zimbabwe: Zimbabwe Hosts Fourth Structured Dialogue Platform On Arrears Clearance and Debt Resolution Process
African Development Bank President Dr. Akinwumi Adesina and former Mozambican president Joaquim Chissano expected in Harare for a High-Level Debt Resolution Forum scheduled for 15… Read more »
April 03, 2023
Zimbabwe: African Development Bank Facilitates 3rd Structured Dialogue Platform Meeting in Harare On Zimbabwe Arrears Clearance and Debt Resolution Process
Zimbabwe moved closer to resolving its debt issues last week as it hosted the third debt and arrears clearance structured dialogue platform meeting with development partners and… Read more »
February 24, 2023
Zimbabwe: Optimism As Zimbabwe Holds Second Structured Dialogue Platform Meeting On Arrears and Debt Resolution
The Zimbabwean government took a major step in its dialogue with creditors this week, organizing a second structured dialogue platform meeting on its arrears clearance and debt… Read more »
February 22, 2023
Africa: Zimbabwe's Second Structured Dialogue Platform Meeting
What: Second Structured Dialogue Platform Meeting - a forum for discussion between the Government of Zimbabwe and its development partners and creditors on the country's arrears… Read more »
November 17, 2022
Zimbabwe: Solar-Powered Piped Water Schemes Are Helping Zimbabwe's Urban Communities Amid Water Scarcity and Climate Change
Resources at scale are needed to provide communities in fragile settings with access to safe water, core to foster climate resilience, say African Development Bank and UNICEF… Read more »
November 04, 2022
Zimbabwe: Zimbabwe Open for Business, Says President Mnangagwa
"Private sector opportunities in Zimbabwe are limitless" - Zimbabwe President Dr Emerson Mnangagwa Read more »
November 02, 2022
Zimbabwe: Africa Investment Forum 2022 Market Days - High-Level Panel Discussion On Investment Opportunities in Zimbabwe
What: High-level panel discussion on investment opportunities in Zimbabwe Read more »
August 24, 2022
Zimbabwe: Zimbabwe - Senior African Development Bank Officials Highlight Private Sector Development, Renewable Energy Opportunities
Senior African Development Bank officials recently undertook a three-day business mission to Zimbabwe. The bank's vice president for power, energy, climate and green growth, Dr… Read more »
July 20, 2022
Zimbabwe: Zimbabwe - African Development Fund Approves $25.65 Million Grant to Boost Food Production and Resilience
The Board of Directors of the African Development Fund has approved a grant of around $25.65 million to help Zimbabwe enhance domestic food production and supply. The funds were… Read more »
July 13, 2022
Zimbabwe: African Development Bank and Partners to Work Together On Zimbabwe's Debt Action Plan
ailure is not an option. Zimbabwe's arrears clearance strategy must succeed." - Akinwumi Adesina Read more »
July 11, 2022
Africa: African Development Bank Group Chief in Zimbabwe to Get Debt Clearance Plan Underway
African Development Bank Group President Dr. Akinwumi Adesina arrived in Zimbabwe today at the start of a two-day official visit to the country. Read more »
Africa: Zimbabwe - Zimfund $23 Million Power Project Ready to Roll With Delivery of New Transformer
An Emergency Power Infrastructure Rehabilitation Project funded by ZimFund, has reached the last leg of implementation with the delivery of a 175 MVA transformer, Read more »
April 07, 2022
Zimbabwe: Zimbabwe - African Development Bank Notes Progress On Arrears Clearance
African Development Bank officials and representatives of the Zimbabwe government met on Wednesday to discuss the nation's arrears clearance and ongoing partnership between the… Read more »
April 04, 2022
Botswana: African Development Bank Group Vice Presidents and Director General On Official Visit to Botswana and Zimbabwe
Visits highlight Bank's commitment to SADC, regional integration efforts Read more »
April 01, 2022
Zimbabwe: Zimbabwe - Local Firms Receive Boost As African Development Bank Approves $7.5 Million Trade Finance Guarantee Facility for Central Africa Building Society
The Board of Directors of the African Development Bank Group has approved a $7.5 million trade finance guarantee facility for the Central Africa Building Society (CABS) of… Read more »
December 04, 2021
Africa: 2021 AEC / Sovereign Wealth Funds Slowly Making Progress in Africa - Studies On Kenya, Botswana, Zimbabwe Highlight the Need for Financial Reforms
Sovereign wealth funds are gaining ground in Africa, although urgent financial reforms are needed to boost foreign investment following the Covid-19 pandemic. This is according to… Read more »
November 11, 2021
Zimbabwe: Zimbabwe - African Development Fund Extends $3.5 Million Grant to Bolster Livelihoods of Women and Youth
The Board of Directors of the African Development Bank Group has approved a $3.5 million grant to Zimbabwe to create jobs and boost livelihoods for youth and women in artisanal… Read more »
October 07, 2021
Zimbabwe: African Development Bank Donates Vehicles to Strengthen Disaster Preparedness in Zimbabwe
The African Development Bank handed over a consignment of vehicles, tools and equipment to Zimbabwe officials this week. The vehicles will strengthen the country's capacity in… Read more »