Banks left out to dry in liquidity market scheme
Collateral demands may exclude very banks facility was set-up to aid.
The government of Zimbabwe has begun negotiations with the Nairobi-based African Trade Insurance Agency (AITA), to establish a USD25 million insurance cover for its exporters.
The China Development Bank Corporation (CDB) has, through its cooperating partner, the Infrastructure Development Bank of Zimbabwe (IDBZ), extended a US$30 million line of credit to cater for SMEs in the country.