Zimbabwe Construction

Newsletter Subscribe

Member Login

CIFOZ Members login here to access interactive features.
 

Funding IDBZ

CIFOZ - SUB CONTRACTORS

About CIFOZ

Infrastructural Development Bank of Zimbabwe (IDBZ) has set up a US$30 million credit facility mainly for the Construction Industry. The facility is divided into 2 tranches:

1. Loan Type: Medium to long term loans
Available Amount: US$10 million
Payment period: Payable between 3-5 years


2. Loan Type: Working Capital
Available Amount: US$20 million
Payment period: Payable within 12 months

Interest is labor based plus a margin that should not exceed 10% in total.

Members in need are being advised to apply for the loans from IDBZ.


   
 

African Federation for Construction Contractors Association (AFCCA)

Formed in 2006 in Cairo, Egypt for the purpose of creating and developing the professional ties among contractrors in the African countries.  Defend the legitimate financial and moral rights of the African contractors and seek expansion of the basis of common interests among the members.

Regional Initiatives

On 31 October 2008 CIFOZ signed a Memorandum of Understanding (MOU) between Contrator Development Organizations in Africa and Other Developing Countries of the World.

Become a member

  • Professional and Technical Assistance.
  • Networking and contacts
  • Leadership opportunities
  • Recognition and credibility
  • Career growth
  • Information
  • Finacial Savings