LonZim established.

Author:Rosenberg, Anna
Position:AFRICAN BANKER'S WORLD
 
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Lonrho, the reborn pan-African conglomerate, raised $58.5m on London's AIM market to establish its new subsidiary LonZim. LonZim has been established to make investments in Zimbabwe and the Beira transport corridor in Mozambique. Whilst having no particular sectoral focus, it will seek to identify companies best poised to benefit from any potential improvement in the Zimbabwe economy. David Lenigas, executive chairman of Lonzim said: "We...

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