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Labrish
Nyuuz
Govt Nets Mega US137m AfDB Cash
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[QUOTE="Munyaradzi Mafaro, post: 43820, member: 636"] Zimbabwe and the African Development Bank strengthened their partnership during a recent workshop in Harare. The meeting focused on reviewing development projects worth 137 million dollars across the country. Government officials praised the bank's support for small businesses and renewable energy programs. The collaboration helps Zimbabwe work toward becoming a middle-income nation by 2030. Acting Chief Director Margireta Makuwaza said the workshop creates solutions rather than just checking progress. She emphasized how the partnership aligns with Zimbabwe's development goals under National Development Strategy 1. The government wants to continue this cooperation as they prepare National Development Strategy 2. Public and private sector growth remains a top priority for both organizations. AfDB Country Programme Officer Belinda Chesire presented the bank's programs during the two-day event. The bank has given over 40 million dollars to support small and medium businesses through credit and trade finance. These funds help create jobs and encourage new businesses across different industries. Solar energy projects at Kariba Dam also received attention during discussions. The workshop produced a new improvement plan that both sides will submit for approval. This roadmap aims to speed up project completion and increase development results. Trust funds managed by the bank continue supporting renewable energy solutions and women entrepreneurs. The partnership demonstrates shared commitment to sustainable economic growth for all Zimbabweans. [/QUOTE]
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Govt Nets Mega US137m AfDB Cash
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