Afreximbank Extends USD 15 Million Facility to Ecobank Zimbabwe Limited to Support SME Participation in Export Value Chains

Afreximbank Extends USD 15 Million Facility to Ecobank Zimbabwe Limited to Support SME Participation in Export Value Chains

African Export-Import Bank (Afreximbank) has extended a USD 15 million SME Finance Facility to Ecobank Zimbabwe Limited under its Export SME Development Programme (ESDP).The facility will provide working capital and capital expenditure financing to Small and Medium Enterprises (SMEs) operating within export value chains across key sectors of the Zimbabwean economy, including agribusiness, manufacturing, healthcare, and logistics.

Afreximbank Extends US$15 M SME Finance Facility to Ecobank Zimbabwe

Ecobank says the facility significantly enhances its ability to support Zimbabwe’s entrepreneurial sector through a combination of financing and business advisory services.

Ecobank Zimbabwe Gets $15m Afreximbank SMEs Finance Facility

Afreximbank has provided a $15 million SME Finance Facility to Ecobank Zimbabwe Limited, under its Export SME Development Programme (ESDP). The facility will offer working capital and capital expenditure financing to SMEs across Zimbabwe’s export value chains, including agribusiness, manufacturing, healthcare, and logistics sectors. Ecobank Zimbabwe Limited is a commercial bank licensed by the Reserve Bank of Zimbabwe and a subsidiary of Ecobank…

Afreximbank, Ecobank Zimbabwe Launch $15 Million SME Export Finance Programme

African Export-Import Bank and Ecobank Zimbabwe Limited have launched a $15 million financing programme aimed at improving access to export-linked funding for small and medium-sized enterprises in Zimbabwe. The facility, introduced under Afreximbank’s Export SME Development Programme, is expected to support businesses operating across critical sectors of the Zimbabwean economy, including agribusiness, manufacturing, logistics, healthcare, […] Th…

Afreximbank Extends USD 15 Million Facility to Ecobank Zimbabwe Limited to Support Small and Medium Enterprises (SME) Participation in Export Value Chains

Afreximbank Extends USD 15 Million Facility to Ecobank Zimbabwe Limited to Support Small and Medium Enterprises (SME) Participation in Export Value Chains

Ecobank US$15m trade facility targets SMEs export value chains

Source: Ecobank US$15m trade facility targets SMEs export value chains – herald Tapiwanashe Mangwiro Business Reporter THE African Export-Import Bank has extended a US$15 million facility to Ecobank Zimbabwe to provide support to small businesses in Zimbabwe’s export value chains. The facility seeks to strengthen industrial activity and intra-African trade integration. The funding falls under Afreximbank’s Export SME Development Programme (ESDP)…