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Subscriber OnlyGreenFinanceBiggest China Bank Abandons $3 Billion Zimbabwe Coal PlanEnvironmental group says ICBC informed it of the decisionDecision highlights funding difficulty for African coal plantsByRay Ndlovu and Antony Sguazzin+FollowJune 30, 2021, 6:09 AM UTCUpdated onJune 30, 2021, 10:15 AM UTCSign up to our Next Africa newsletter and follow Bloomberg Africa on TwitterChina’s biggest bank dumped a plan to finance a $3 billion coal-fired power plant in Zimbabwe, dealing a blow to coal developers in Africa that see the Asian country as the last potential funder of their projects.
