Zimbabwe: Nmbz Draws Down Afreximbank’s U.S.$50 Million Loan Facility

NMBZ Bank has begun drawing down Afreximbank’s US$50 million loan facility, with the mining and construction sectors emerging as the biggest beneficiaries after absorbing 50% of the funds.

Presenting a trading update for the third quarter ended September 30, 2025, NMBZ company secretary Violet Mutandwa said the facility has significantly supported key economic sectors through improved access to offshore credit lines.

“During the quarter under review, the bank started drawing down on the US$50…