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Labrish
Nyuuz
Zimbabwe secures BADEA funding for MSMEs and seeks housing equity
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[QUOTE="Queen, post: 85399, member: 27"] Zimbabwe is pulling fresh BADEA cash for small businesses while lining up a housing play behind the scenes. MSME funding boost incoming [LIST] [*]Zimbabwe expects US$1 million from BADEA by March this year. [*]Cash targets Micro, Small, and Medium Enterprises nationwide. [*]Follow-up funding builds on earlier support. [/LIST] The previous tranche is already out [LIST] [*]US$1.29 million already reached by 29 MSMEs. [*]Disbursement happened through SMEDCO. [*]Funds touched multiple business sectors. [/LIST] Government talks and direction [LIST] [*]Mthuli Ncube met the BADEA leadership in Davos. [*]Discussions pushed for deeper cooperation fast. [*]Focus areas span infrastructure, energy, and industry. [/LIST] Why MSMEs matter here [LIST] [*]The sector drives over half of GDP. [*]Employs roughly 60 percent of workers. [*]The government sees MSMEs as the economic backbone. [/LIST] Long-term BADEA relationship [LIST] [*]Support stretches back to independence. [*]Financing peaked during the COVID-19 period. [*]Assistance covers loans, trade help, and skills. [/LIST] Housing equity move brewing [LIST] [*]Zimbabwe seeks US$8.88 million for Shelter Afrique. [*]Equity stake would rise from 1.25 percent to 5 percent. [*]Attorney-General’s Office is reviewing the loan. [/LIST] [/QUOTE]
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Labrish
Nyuuz
Zimbabwe secures BADEA funding for MSMEs and seeks housing equity
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