By BUUMBA CHIMBULU ABOUT US$8.9 million has been disbursed by the Zambia Export Development Fund (ZEDF) to more than 342 beneficiaries in the past 12 years.ZEDF Manager, David Chewe, said the fund had distributed about US$8.9 million to various enterprises in the last 12 years.Dr Chewe explained that the fund was setup through the Memorandum of Understanding (MoU) signed between the Government and the European Union (EU) in December 2007.Among the beneficiaries include the producer associations in the agriculture, horticulture, floriculture, gemstone, wood and wood products.He said this during the export finance workshop organised by Zambia Development Agency (ZDA) in Lusaka yesterday.The workshop looked at issues around information on export financing, access to cheap export financing and business linkages.“ZEDF seeks to compliment the role of banks and development financial institutions by focusing on unserved markets. We provide loans to various sectors that facility export trade,” Dr Chewe said.He explained that the fund should contribute to the […]
Export Development disburses US8.9m
