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AfrAsia seeks $35m

HARARE – AfrAsia Zimbabwe Holdings Limited (AZHL)’s Mauritian shareholder plans to raise up to $35 million to address AfrAsia Bank Zimbabwe Limited (ABZL)’s capitalisation and solvency challenges. James Benoit, AfrAsia Bank Limited (ABL)’s chief executive, told Business Live in an interview that the funds will be raised through a “combination of debt and equity”. “We…

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