Africa: South Africa Secures Full Afreximbank Membership with US$8 Billion Programme to Enhance Trade and Create Jobs
South Africa has become a full member of the African Export-Import Bank (Afreximbank), the continent’s largest trade institution, and has qualified for an initial $8 billion financing package that will help boost the mining, automaking and manufacturing sectors. Speaking at the signing ceremony in Johannesburg, President Cyril Ramaphosa welcomed the agreement which he said “will…