South Africa agrees $1 billion infrastructure loan with New Development Bank

South Africa has secured a one billion dollar loan agreement. This funding from the New Development Bank will facilitate crucial municipal infrastructure upgrades. The loan carries a sixteen-year ...
African Times on MSN

Expert: Knowledge sharing can strengthen impact of New Development Bank projects in BRICS countries

Ashwani Muthoo, Director General of the Independent Evaluation Office of the New Development Bank, spoke exclusively to TV ...
Counterview

Decade on, BRICS' New Development Bank 'still leaves' affected communities without redress

The NDB emerged from a long-running BRICS grievance that the IMF and World Bank were structurally tilted toward Western ...
Hosted on MSN

New Development Bank approves US$1 billion loan for infrastructure modernisation in South Africa

At a meeting in Shanghai, the Board of Directors also welcomed Uzbekistan as a new member of the bank⁠ The Board of Directors of the New Development Bank (NDB) has approved a loan of up to US$1 ...