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New CBZ joint venture boosts African Trade

Lawrence Nyazema

Almot Maqolo CBZ Holdings and Afreximbank-backed Africa Trade and Distri­bution Company Dubai (ATDC Dubai) have opened a Zimbabwe­an trading arm that will finance and market local goods across Af­rica, as low intra-continental trade keeps manufacturers dependent on raw exports. ATDC Zimbabwe is a joint venture between CBZ Holdings and ATDC Dubai, a subsidiary of Afrex­imbank,…

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