Afrasia
Proper noun
Meaning
Afrasia
Asia and Africa, considered collectively.
Related terms
Examples
RIOZIM Limited has decided not to honour an ostensible $4,5 million debt owed to AfrAsia Bank, which is presently in liquidation, after it emerged the financial institution could have unfairly bloated.
Through its lawyer, Advocate Thabani Mpofu, instructed by Winterons, RioZim defended the claim on the basis that the deed was a product of serious mistake and thus would lead to unjust enrichment of the Afrasia Bank.