The New Development Bank approved a loan of as much as R17.87 billion to help develop water and sanitation infrastructure in South Africa.

The New Development Bank approved a loan of as much as R17.87 billion to help develop water and sanitation infrastructure in South Africa.

The funding from the Brics bank comes in the form of two sovereign loans for the development of South Africa's rail and water networks.

Egypt, a new member of the BRICS group, highlighted the importance of inclusive growth, South-South cooperation, and multilateral partnerships in...

JOHANNESBURG,- South Africa’s platinum mining industry is entering a phase of irreversible decline as producers [...]

The latest loan will go towards renewing the rail network infrastructure and wagon fleet and overhauling locomotives. The programme is expected to...

The arrival of Starlink in Zimbabwe marks a pivotal moment for the country’s telecommunications industry, [...]

Algeria has been granted membership in the BRICS New Development Bank (NDB), according to the bank’s president, Dilma Rousseff. Established in 2015...

Algeria has been granted membership in the BRICS New Development Bank (NDB), according to the bank’s president, Dilma Rousseff. Established in 2015...