White former commercial farmers have turned to the African Development Bank (AfDB) to facilitate further negotiations to hummer a sustainable solution on the US$3,5 billion deal they signed with the Zimbabwean Government three years ago after members rejected new proposed payment terms, Business Weekly can reveal. Zimbabwe came up with a revised plan last year…
THE African Development Bank (AfDB) will do everything it takes to help free Zimbabwe from the debt burden that has stifled economic growth for two decades and bring the country back to its central role of facilitating trade between Northern and Southern Africa, according to the financial institution’s president, Dr Akinwumi Adesina. By Hebert Zharare…
HARARE, (Reuters) - The African Development Bank (AFDB) has developed financial instruments to "fast track and front load" $3.5 billion in compensation to white farmers whose land was taken from them by Zimbabwe's government, the bank's president said on Monday. Akinwumi Adesina's announcement, which did not include details of the proposed instruments, comes after former…
Zimbabwe asks AfDB's Adesina to lead debt deal talks with foreign creditors thezimbabwemail.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from thezimbabwemail.com Daily Mail and Mail on Sunday newspapers.