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African Development Bank: Zimbabwe has agreed to pay 3.5 billion dollars in compensation to white farmers

18/05/2023
Source : ORISHAS FINANCE
Categories: Sectors

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Le président de la Banque Africaine de développement a annoncé le lundi 15 mai 2023 que l' institution financière a mis au point des instruments finances to “accelerate and charge” 3.5 billions of dollars in compensation to white farmers whose land was taken from them by the Zimbabwean government

.

En 2020, le Zimbabwe has agreed to compensate local white farmers whose land was taken by the government in the early 2000s. Indeed, foreign white farmers have been allowed to apply to recover seized land. According to the AfDB president, the new proposal to former white farmers “would help take advantage of capital markets to finance compensation without adding debt in Zimbabwe

.”
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