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AfrAsia to inject $100m into Kingdom

HARARE – Mauritius-based AfrAsia Holdings Limited (AfrAsia) plans to inject over $100 million into its Zimbabwean subsidiary to help ease liquidity challenges in the country. This comes as the financial group recently increased its interest in AfrAsia Kingdom Zimbabwe Limited (AKZL) to 54 percent from 35 percent after acquiring 30 percent shareholding previously held by…

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