Home NewsAfreximbank Launches US$400m Fund for Zimbabwean Businesses at SADC Industrialization Week.

Afreximbank Launches US$400m Fund for Zimbabwean Businesses at SADC Industrialization Week.

by Takudzwa Mahove
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At the opening of the SADC Industrialization Week Investment Forum in Harare on Sunday, Afreximbank Vice President Denys Denya announced a US$400 million fund aimed at supporting Zimbabwean businesses looking to expand into the African market.



The week-long event, themed “Promoting Innovation to Unlock Opportunities for Sustainable Economic Growth and Development towards an Industrialized SADC,” seeks to promote industrialization, showcase diverse investment opportunities, and facilitate networking among stakeholders in the industrial sector. This theme aligns with that of the SADC Summit.


Key objectives of the SADC industrialization Week include popularizing the SADC industrialization Strategy and Roadmap (2015-2063) and identifying joint industrialization projects for implementation by both public and private sectors across SADC member states.

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