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Ecobank seeks capital, pursues acquisitions

HARARE – Togo-based Ecobank International (Ecobank) — owners of Ecobank Zimbabwe Limited (EZL) — plans to embark on a capital raising exercise and could also be considering mergers and acquisitions in the financial sector. This comes as EZL recently increased its branch network in Zimbabwe to 13 as part of efforts to expand its footprint…

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