European Investment Bank officials coming to Zim

European Investment Bank officials coming to Zim
Published: 21 February 2014

European Investment Bank (EIB) officials are due to visit Zimbabwe on a mission to explore funding opportunities for the private sector, European Union's ambassador to Zimbabwe Aldo Dell'Ariccia has said.

The EIB suspended lending to the Zimbabwean government over a decade ago due to a long-term debt which remains unpaid.

According to figures in the 2014 National Budget, the country owes the European regional bank in excess of $300 million.

The EIB has been in the country on two missions in the past and is due for a third one soon, according to Aldo Dell'Ariccia.
- herald
Tags: EU, ,

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