Zimbabwe's NMB Bank receives $10m loan from UK's BII for agribusinesses, focusing on exports & climate-smart practices.
Zimbabwe's NMB Bank secures $10m loan from UK's BII to fund agribusinesses focused on exporting and adopting climate-smart practices. 70% of the loan will go to NMB's agro-exporting customers for capital expenditure, while 30% will support sustainable agriculture projects. The loan aims to increase agri-exports, address financing gaps, promote sustainable farming, and align with Zimbabwe's national development priorities.
July 15, 2024
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