Zimbabwe seeks $115 million Afreximbank loan to revive rail operator
Zimbabwe’s state-owned railway company is negotiating a $115 million facility with the African Export-Import Bank (Afreximbank) to purchase locomotives and wagons and expand haulage capacity.
MIF posts gains without cash
Beneath the impressive balance sheet lies a more complicated story, one of a sovereign vehicle still wrestling with legacy dysfunction even as it records transformative valuation gains.