Thursday, November 24, 2005

Banking: Zimbabwe to host major banking conference

Zimbabwe has won the bid to host next month's annual general meeting of the Africa Export Import Bank (Afreximbank).

Seems a logical choice when you consider that over the last five years, Afreximbank has given Zimbabwe $900 million to import grain and oil and is the country's largest financer.

The meeting, which will be attended by more than 300 bankers and investors which organisers claim will open up investment opportunities for the country. Not all of the country of course will reap the benefits, just the select few.