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French investors swoop on MicroKing

HARARE – French firms Microcred Group (Microcred) and AfricInvest Finance Sector Fund (AfricInvest) have acquired local micro-lending company, MicroKing Finance (MicroKing). Market watchers say the development confirms France’s commitment to strengthen bilateral relations with Zimbabwe as well as grow the southern African country’s moribund economy through job creation. Microcred and AfricInvest yesterday confirmed the acquisition…

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