Business

US$10 million credit facility for Cabs

NORSAD Capital, an impact investor, and private creditor provider, offering tailor-made debt solutions to mid-market growth companies in Sub-Saharan Africa, has provided Central Africa Building Society (Cabs) Zimbabwe with a US$10 million credit facility to support the bank’s growth strategy.  The facility is earmarked towards lending to Cabs’ export clients, particularly in the agricultural sector. …

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