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HARARE: Zimbabwe is negotiating a $1.5 billion guarantee with Afreximbank to ensure foreign investors' funds are protected, central bank Governor John Mangudya said on Wednesday.

Mangudya added that Zimbabwe, where new President Emmerson Mnangagwa is trying to woo foreign investors, was also arranging a $400 million facility to ensure payments for critical imports and allow investors to repatriate funds.

 

Copyright Reuters, 2018

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