AfDB Unveils US$4 Million Programme to Tackle Zimbabwe's Debt Crisis

AfDB rolls out US$4m debt clearance facility for Zim

Source: AfDB rolls out US$4m debt clearance facility for Zim – herald Oliver Kazunga Senior Reporter THE African Development Bank has launched a US$4 million programme to accelerate Zimbabwe’s arrears clearance and debt resolution process, a major step expected to unlock international development financing and boost investor confidence. The move is expected to also support the country’s drive towards an upper-middle-income society by 2030. The t…

AfDB Unveils US$4 Million Programme to Tackle Zimbabwe's Debt Crisis

The African Development Bank (AfDB) has launched a significant US$4 million programme aimed at accelerating Zimbabwe’s arrears clearance and debt resolution process. This crucial initiative, announced today in Harare, is expected to unlock much-needed international development financing, boost investor confidence, and support the country’s ambitious drive towards achieving an upper-middle-income society by 2030. The three-year programme, officia…