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Tag Archives: Asian Infrastructure Investment Bank

S. Africa, AIIB sign 500-mln-USD loan to improve urban services

  JOHANNESBURG | Xinhua | South Africa and the Asian Infrastructure Investment Bank (AIIB) have signed a 500-million-U.S.-dollar sovereign-backed loan agreement to improve urban services. In a joint statement issued on Friday, South Africa’s National Treasury and the AIIB said the financing, which marks AIIB’s first investment in South Africa, …

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