Namibian investment company buys into Zambian bank

The move is seen as part of the company's investment plans which are believed to see it investing in a number of other southern African nations.

The company has already invested in Botswana and this latest investment into Zambia is intended to see the Zambian bank, Cavemont Bank, become a fully fledged retail bank. There are also plans to boost service levels throughout the bank.

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