The package consists of a $7.5 million trade finance line of credit coupled with a $7.5 million transaction guarantee, with the aim of catalyzing approximately $146 million in trade over the course of the next three years.
AfDB approves US$15 million funding for Zimbabwe's First Capital Bank mbaretimes.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from mbaretimes.com Daily Mail and Mail on Sunday newspapers.
Zimbabwe - African Development Bank's $15 Million Trade Finance Package for First Capital Bank to Support SMEs and Local Enterprises allafrica.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from allafrica.com Daily Mail and Mail on Sunday newspapers.