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Afreximbank finalizes US$190 million financing package for Zimbabwe’s CBZ Bank
Afreximbank has provided US$190 million in financing to Zimbabwe’s CBZ Bank, including a US$150 million revolving trade finance facility and a US$20 million SME-focused facility. The package is designed to help narrow Africa’s trade finance gap and strengthen CBZ’s capacity to extend credit to local export-oriented small and medium-sized businesses. The deal is positioned as regional development finance cooperation and does not directly involve tradable assets in global traditional financial markets.
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