South Africa to get almost $1 bln in loans from BRICS bank

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South Africa to get almost $1 bln in loans from BRICS bank
Cape Town — A development bank set up by the BRICS group of emerging economies has approved around $790 million of loans for three projects in South Africa, the bank’s president said on Monday, with over half that amount going to power company Eskom. Separately, the New Development Bank (NDB) and Eskom also signed an … More »

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