loan

Botswana agreed to lend $1m credit facility to Zimbabwe.

Botswana on Thursday agreed to extend a credit facility of up to $1 million to Zimbabwe, as part of renewed efforts to elevate their bilateral ties in key strategic areas of mutual interest. Leaders of the two nations signed eight agreements at the inaugural ceremony of the Zimbabwe-Botswana Bi-National Commission in Harare. President Emmerson Mnangagwa […]

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Zimbabwe loan request turned down by South Africa.

South Africa turned down a request from its southern African neighbour Zimbabwe for a $1.2 billion loan in December, a spokesman for the finance ministry said on Monday. “South Africa does not have that kind of money,” National Treasury spokesman Jabulani Sikhakhane said. Zimbabwean officials were not immediately available for comment. Zimbabwe was hit by […]

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World Bank re-engages Tanzania on educational project

A senior official has told Reporters that the World Bank will work with the Tanzania to redesign a $300 million education project. Earlier, the bank had canceled plans for the project due to Tanzania’s controversial policies on pregnant school girls. On Wednesday, the World Bank told Reuters that the education program was not presented to […]

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