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Econet secures $500m loan facility

HARARE – Diversified telecommunications group, Econet Global, has secured a $500 million loan facility from China Development Bank and ZTE, with the firm’s Zimbabwe unit set to get at least $300 million for its expansion programme. The loan agreement was announced in South Africa this week during Chinese President Xi Jinping’s visit. [GoogleAd] Econet Wireless Zimbabwe chief executive…

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