CHINA is set to offer a US$100 million line of credit to Zimbabwe and Rwanda for a chilli project under joint business agreements between the two African nations.
In Zimbabwe, the line of credit will be offered through CBZ Bank and the Bank of Kigali in Rwanda, which are both under the chairmanship of American Marc Holtzman.
According to CBZ managing director Lawrence Nyazema, the chilli project will be an extension of an already existing arrangement between Rwanda producers and China.
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