SA Govt borrows $11bn - a third for R100bn Black Industrialist's Fund

SA Govt borrows $11bn - a third for R100bn Black Industrialist's Fund

Afreximbank approves $11 billion financing for South Africa, backing infrastructure, energy, trade expansion and Black-owned businesses nationwide growth.
Published on

Key topics:

  • Afreximbank commits $11bn to ease South Africa’s funding pressures

  • Funds target infrastructure, energy, industry and trade expansion

  • Package boosts support for Black-owned businesses and transformation initiatives

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

Support South Africa’s bastion of independent journalism, offering balanced insights on investments, business, and the political economy, by joining BizNews Premium. Register here.

If you prefer WhatsApp for updates, sign up to the BizNews channel here.

By Ntando Thukwana

Loading content, please wait...

Related Stories

No stories found.
BizNews
www.biznews.com