The Export-Import Bank of the United States (Ex-Im Bank) and the Industrial Development Corp. of South Africa Ltd. (IDC), on 7 August 2012, signed a Declaration of Intent (DoI) to help advance the South African government's Integrated Resource Plan (IRP) and the South African Renewable Initiative (SARi). Under the agreement, Ex-Im Bank will assist in financing up to $2 billion … [Read more...] about Finance of up to $2 Billion for U.S. Exports to South Africa’s Energy Sector
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Lessons From Brazil for IDC
Cape Town- For many Brazil is a country more likely to conjure up images of beach bums, samba and soccer than one hard at work. Yet the tropical nation's development bank has become an inspiring model to South Africa in its quest to boost industrial development. The idea that South Africa would look to a development bank in Brazil is even more significant when one considers … [Read more...] about Lessons From Brazil for IDC