From Allafrica · · 40s
Zimbabwe Pays $206m DBSA Loan
Zimbabwe's ZINARA settles $206m DBSA loan debt after five years of repayment.
In brief
Zimbabwe's ZINARA settles $206m DBSA loan debt after five years of repayment. Zimbabwe's ZINARA paid off a $206 million DBSA loan after five years of repayment. Originally reported by Allafrica.
ZINARA Pays DBSA Loan
Zimbabwe's National Road Administration settles $206 million DBSA loan debt.
Loan Repayment Timeline
Loan forwarded in 2011 for 860-kilometer highway rehabilitation and upgrade.
Last Payment Date
Final payment deposited on September 30, 2026, at ZINARA's AGM.
Board Chairman Statement
George Manyaya confirmed ZINARA no longer owes DBSA after five years of repayment.
Debt Reduction Impact
ZINARA reduced debt from over $50 million in 2021 to zero by 2026.
The main idea
Zimbabwe's ZINARA paid off a $206 million DBSA loan after five years of repayment.
