Africa: South Africa Unlocks $14bn Afreximbank Programme to Drive Industrial Development
Authorities is deepening its efforts to construct State capability and unlock improvement finance to drive industrialisation after securing entry to a US$14 billion funding programme by Afreximbank. The Division of Commerce, Business and Competitors (the dtic) and the African Export-Import Financial institution (Afreximbank) have signed a Memorandum of Understanding (MoU) that unlocks entry to an…