Africa: South Africa Unlocks bn Afreximbank Programme to Drive Industrial Growth

Africa: South Africa Unlocks $14bn Afreximbank Programme to Drive Industrial Growth

Government is deepening its efforts to build State capacity and unlock development finance to drive industrialisation after securing access to a US$14 billion funding programme through Afreximbank. The Department of Trade, Industry and Competition (the dtic) and the African Export-Import Bank (Afreximbank) have signed a Memorandum of Understanding (MoU) that unlocks access to a massive…

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