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/ 12 May 2008

Zim pays back $650 000 to ADB

Zimbabwe has paid back  000 in arrears to the African Development Bank (ADB), despite vast economic problems at home, as part of efforts to meet commitments to donors, the bank said on Monday. ”Zimbabwe has in all paid  000 to the bank group despite numerous economic challenges,” the bank said.

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/ 22 January 2008

Banks raise alarm over Kenya

The World Bank and African Development Bank, acting over the turmoil in Kenya, said on Tuesday they may have to adjust lending programmes if unrest persists following a disputed poll. ”We wish to continue working with the people of Kenya … but it is difficult to do so effectively in an environment of instability,” they said.