StanChart seeks more funds from UK's CDC

StanChart seeks more funds from UK's CDC
Published: 01 June 2018
Standard Chartered Zimbabwe is mulling engaging United Kingdom development finance institution, CDC, for an additional loan funding to support private sector, as it emerged Britain's first loan to the country in over 20 years, has all been committed.

The $100 million loan package, which Standard Chartered obtained from CDC for the private sector, was targeted at companies in sectors like food processing, manufacturing and agriculture, while lack of funding has choked efforts to ramp up production.
- Business Weekly
Tags: StanChart,


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