Zimbabwe, ruled by President Robert Mugabe since 1980, has been in recession for the past decade. The southern African nation is seeking loans from foreign creditors to help rebuild decaying infrastructure including water-supply facilities and power plants.
Talks with the Development Bank have focused on improving Zimbabwes erratic electricity supply, introducing a third- generation telephone service and rebuilding and widening the countrys main highway to neighboring South Africa, Muradzikwa said.
Bloomberg
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