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

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

[SAnews.gov.za] 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.

South Africa Secures $14 Billion Afreximbank Growth Programme

South Africa has strengthened its partnership with the African Export-Import Bank (Afreximbank) after signing a US$14 billion Country Programme that will support industrial development, infrastructure investment, regional trade and economic inclusion. The agreement, signed in Alamein, Egypt, marks a major milestone in the country’s efforts to accelerate industrialisation while expanding its role in the African Continental Free Trade Area (AfCFTA…

Republic of South Africa and Afreximbank sign US$14 billion Country Programme to accelerate industrial development and trade

Republic of South Africa and Afreximbank sign US$14 billion Country Programme to accelerate industrial development and trade