Zimbabwe market News

Zimbabwe Gets $32 Million in Drought Insurance From Agency of African Union

Zimbabwe received $31.8 million from African Risk Capacity, an arm of the African Union, as part of an insurance payout for the devastation the country suffered from an El Niño-induced drought. Finance Minister Mthuli Ncube told reporters on Thursday in …

Zimbabwe to Get Over Half of $60 Million Payout for El Niño-Hit African Nations

Zimbabwe will get over half of an expected $60 million insurance pay out meant for four African nations as it reels from the impact of El Niño-induced drought that’s already slashed corn output and led to a state of disaster …