Online Reporter
Nqobile Bhebhe
Zimpapers Business Hub
AFC Holdings says it remains well capitalised and continues to operate above all regulatory minimum requirements, underpinned by a US$20 million working capital injection from its shareholder, the Mutapa Investment Fund.
This has positioned the state-owned agriculture financier to play a pivotal role in supporting Zimbabwe’s agricultural transformation and broader economic growth.
AFC said its operations have been reinforced by the US$20 million shareholder support and strategic initiatives aimed at strengthening liquidity, expanding its loan portfolio and unlocking value from its asset base.
Also, the group reports notable progress in land monetisation, raising over US$5 million as it moves to unlock value from its land assets.
The AFC Holdings has four subsidiaries: AFC Commercial Bank, AFC Insurance, AFC Land and Development Bank and AFC Leasing Company.
“The Group remains adequately capitalised and exceeds the minimum regulatory capital requirements for all regulated entities, partly due to balance sheet growth and the allocated titled peri-urban land,” group chairman Mr James Mutizwa said in a statement accompanying the group’s financial results for the year ended 31 December 2025.
A well-capitalised institution is critical for sustaining confidence among investors and stakeholders, while also ensuring the capacity to absorb shocks, extend credit, and support long-term development projects.
For AFC Holdings, this financial strength enables the group to scale up funding to key sectors such as agriculture, which remains central to Zimbabwe’s economic stability and food security.
During the year 2025, the group benefited from working capital support of US$20 million from its shareholder, the Mutapa Investment Fund, which strengthened liquidity and positioned the business to support growth initiatives.
“The group remains well capitalised and continues to operate above all regulatory minimum requirements. During the year, the group benefited from working capital support of US$20 million from its shareholder, the Mutapa Investment Fund, which has strengthened liquidity and positioned the business to support growth initiatives,” said Mr Mutizwa.
