{"id":491099,"date":"2026-05-21T14:20:57","date_gmt":"2026-05-21T14:20:57","guid":{"rendered":"https:\/\/www.financialafrik.com\/en\/2026\/05\/21\/afdb-grants-4-million-to-zimbabwe-for-debt\/"},"modified":"2026-05-21T14:21:05","modified_gmt":"2026-05-21T14:21:05","slug":"afdb-grants-4-million-to-zimbabwe-for-debt","status":"publish","type":"post","link":"https:\/\/www.financialafrik.com\/en\/2026\/05\/21\/afdb-grants-4-million-to-zimbabwe-for-debt\/","title":{"rendered":"AfDB grants $4 million to Zimbabwe for debt"},"content":{"rendered":"<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div><p>The African Development Bank (AfDB) has approved a $4 million grant to support Zimbabwe&#8217;s efforts to settle its debt arrears and resume dialogue with its international creditors.<\/p>\n<p>The funding will go towards the Zimbabwe Arrears Clearance and Debt Resolution Project (ZACDEP), a three-year program aimed at structuring discussions between the government, creditors, and development partners on debt resolution.<\/p>\n<p>According to the AfDB, the project includes three components: strengthening dialogue through dedicated platforms, improving debt management and governance capacities, and coordinating and monitoring implementation. Zimbabwe&#8217;s public debt is estimated at around $21.5 billion, with nearly $11.7 billion in external debt, according to official data cited by the institution. The program is expected to be implemented from 2026 to 2029.<\/p>\n<p>This decision comes as the country continues discussions with creditors as part of its efforts to emerge from a long period of restricted access to international financing. The pan-African institution notes that this initiative builds on previous governance and debt management programs already underway in the country.<\/p>\n<div class=\"pdfprnt-buttons pdfprnt-buttons-post pdfprnt-top-bottom-left\"><\/div>","protected":false},"excerpt":{"rendered":"<p>The African Development Bank (AfDB) has approved a $4 million grant to support Zimbabwe&#8217;s efforts to settle its debt arrears and resume dialogue with its international creditors. The funding will go towards the Zimbabwe Arrears Clearance and Debt Resolution Project (ZACDEP), a three-year program aimed at structuring discussions between the government, creditors, and development partners<\/p>\n","protected":false},"author":527297,"featured_media":491106,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"pmpro_default_level":"","_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"translated_post_url_fr":"https:\/\/www.financialafrik.com\/2026\/05\/19\/la-bad-accorde-4-millions-usd-au-zimbabwe-pour-la-dette\/","_jetpack_feature_clip_id":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2},"jetpack_post_was_ever_published":false},"categories":[11996,12040,12046],"tags":[],"class_list":["post-491099","post","type-post","status-publish","format-standard","has-post-thumbnail","category-finance-en","category-international-institutions","category-leaders-en","pmpro-has-access"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v21.5 (Yoast SEO v28.1) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>AfDB grants $4 million to Zimbabwe for debt - Financial Afrik<\/title>\n<meta name=\"description\" content=\"Headed by Adama Wade and his team of 20 journalists, Kapital Afrik offers strategic and financial information to executives and managers. 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