13 years ago 13 years ago

China lends millions to Zimbabwe

by Charles Rukuni 13 years ago13 years ago

China today signed nearly $700m in loan agreements with Zimbabwe. The loans from China’s Export-Import Bank would be used for priority areas such as agriculture, machinery and equipment – nearly half the money would go for that – as well as health and water systems.

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Posted by Charles Rukuni

The Insider is a political and business bulletin about Zimbabwe, edited by Charles Rukuni. Founded in 1990, it was a printed 12-page subscription only newsletter until 2003 when Zimbabwe's hyper-inflation made it impossible to continue printing.

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