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KZN government strikes partnership deal with African Export and Import bank


KZN government strikes partnership deal with African Export and Import bank
By Vernon Mchunu
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DURBAN - A RANGE of multi-billion rand development projects are expected to be finalised more speedily, thanks to a partnership between the KwaZulu-Natal government and the Egypt-based African Export and Import bank (Afreximbank).
South Africa’s struggling state-owned enterprises will also be aided to upscale their investments in various parts of Africa with massive returns expected.
These are among the spin-offs that are set to be generated by the agreement signed by KZN Premier Sihle Zikalala and the president of the Afreximbank, Professor Benedict Oramah, yesterday. ....

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