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AfDB, NMB Bank in US$15m SMEs deal

THE African Development Bank (AfDB) and NMB Bank Limited Zimbabwe (NMB) yesterday signed an agreement that will pave the way for a US$15 million trade finance transaction guarantee facility for the local financial institution. This strategic collaboration aims to unlock significant trade finance opportunities for Zimbabwean businesses, particularly small-and- medium-sized enterprises (SMEs) and local firms…

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