DFI Zimbabwe

Agricultural Bank of Zimbabwe (Agribank)

The Agribank was created out of the parastatal Agricultural Finance Corporation in 1999. The mobilisation of deposits and credit provision to the non-farming sector are the main new features of Agribank in comparison with the former AFC.

 

Functions, Products and Services

 

Agribank's role is that of a development finance institution with both loan granting and deposit taking functions. To provide sustainable Agricultural Development Finance and Banking Services to contribute to the country’s attainment of economic growth, development and prosperity, in partnership with the public and private sectors...... Read More.

 

 

Industrial Development Corporation (IDCZ), Zimbabwe

The Industrial Development Corporation of Zimbabwe Limited (IDC) is a vibrant, successful and living testimony of public-private sector partnerships in Zimbabwe and beyond. IDC was incorporated through its enabling Act (Chapter 14.10) in 1963 to invest in industry as a state agency.

 

Functions, Products and Services

 

The Corporation identifies and develops industrial project opportunities into commercially viable ventures in partnership with local, regional and international investors, and technology and market access partners. The Corporation has built an investment portfolio supplying quality products at competitive prices, with the core being in the sectors of motor and transport, fertilizer and chemicals, cement, aluminum and granite and base mineral processing, and glass products.It also has investments in textiles, clothing, beans canning, packaging and electronics. It has embarked on a greenfield project to build an industrial park in Harare and to set up agro-processing plants in various parts of the country...... Read More.

 

 

Infrastructure Development Bank of Zimbabwe (IDBZ) (formerly Zimbabwe Development Bank)

The Infrastructure Development Bank of Zimbabwe (IDBZ) was launched by the Zimbabwe Government as a vehicle for the mobilisation of infrastructure development in Zimbabwe, with finance from both domestic and international sources.

 

Functions, Products and Services

 

The Mission of the Bank is to champion infrastructure development through effective mobilization of appropriate resources for sustainable socio-economic development. The Bank offers:  Infrastructure/Project Financial Products; Investment Banking Services and treasury products..... Read More .

 

 

Small Enterprises Development Corporation (SEDCO), Zimbabwe

The Small Enterprises Development Corporation (SEDCO) is a leading development finance institution for the promotion and development of micro, small and medium enterprises in the country. It was formed in 1983 through an Act of Parliament, chapter 24:12 and is a parastatal which falls under the Ministry of Small and Medium Enterprises and Co-operative Development..... Read More .

 

Functions, Products and Services

 

  • Business loans for Micro, Small and Medium Enterprises and Co-operatives (MSMECs)
  • Provision of business shelter