Electric Car News Zimbabwe

Fake News: U-Turn Trafigura rejects any involvement in Zimbabwe 1.1 billion funding

Trafigura (group), a Singaporean global commodities firm denied reports that it is set to bail out Zimbabwe with US$1.1 billion meant cover areas to the World Bank.

Zohra McDoolley-Aimone, who is the Trafigura regional head of corporate Affairs for Africa spoke to Voice of America's Studio 7 and denied reports that the group has anything to do with the Zimbabwe debt clearance plan.

"Trafigura Group is aware of report in the Zimbabwe media suggesting the company has provided significant financing in support of the Zimbabwean government's effort to repay debt arrears to the World Bank and the African Development Bank," he said.

He added, "Trafigura is not involved in any discussions or funding activity related to the government's relations with the International Financial Institutions, but we continue to engage with appropriate authorizes in support of our ongoing commercial business in the country."

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