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Stanbic says €20m facility targets agric, energy sectors

The European Investment Bank (EIB) and Stanbic last week launched a €20 million credit line to support female-owned small to medium enterprises (SMEs).
By Ashton Ndakusiya Mar. 11, 2025

EIB and Stanbic partner for female SME credit line

ElB is the lending institution of the EU, owned by its member states.
By Staff Writer Mar. 7, 2025

EIB board approves funding support to female entrepreneurs

The EIB vice-president said the major priority for the bank in Africa was the promotion of women’s entrepreneurship, which was normally under SMEs.
By Melody Chikono Dec. 5, 2024

NMBZ boss speaks on horticulture funding

The group had total assets amounting to €630,2 billion as at June 2023.
By Newsday Nov. 14, 2023

Piggy’s Trading & Investing Tips: IFIs contribute to economic growth

Some examples include the World Bank, European Investment Bank (EIB) and the African Development Bank (AfDB).
By Batanai Matsika Sep. 8, 2023

‘Debt, disputed polls impede Zim’s path to secure fresh funding’

The report noted that Zimbabwe’s balance of payments situation has deteriorated due to sanctions, which has restricted its access to international credit.
By Silas Nkala Sep. 8, 2023

First Capital secures US$20m line of credit

The line was secured to develop eligible investment projects undertaken by small to medium enterprises and midcap companies under FCB locally.
By Melody Chikono Aug. 31, 2023

EU extends US$500m windfall to Zim

Over two decades ago, the EU slapped Zimbabwe with sanctions in response to a Council decision that Mugabe’s administration was grossly violating human rights.
By Tinashe Kairiza Jan. 20, 2023

Banks profitability shifting towards dollarisation-IH

Zimbabwe's informal sector contributes more than 70% to gross domestic product or household savings achieved in foreign currency.
By Mthandazo Nyoni Jan. 8, 2023