On 20 February 2024, the Board of Directors of the African Development Bank Group approved a $7 million trade finance guarantee facility grant to Access Bank DR Congo.
The African Development.
The facility, which would finance approximately $175 million of trade over a three-and-a-half-year period, marks the African Development Bank’s fourth private sector intervention in Zimbabwe
The Board of Directors of the African Development Bank Group (www.AfDB.org/en) has approved a $25 million trade finance line of credit facility to the Central A.
The facility will enhance foreign currency liquidity support for the building society amid a tough economic climate in Zimbabwe, AfDB said in a statement.