South Africa Secures $1.5 Billion World Bank Loan to Boost Energy and Transport Infrastructure
South Africa has signed a $1.5 billion loan deal with the World Bank to address its pressing energy and infrastructure challenges.
South Africa has signed a $1.5 billion loan deal with the World Bank to address its pressing energy and infrastructure challenges.
South Africa has proposed a 10-year liquefied natural gas (LNG) import deal with the United States worth between $900 million and $1.2 billion annually, amounting to a staggering $12 billion.
EFF leader Julius Malema criticizes President Cyril Ramaphosa’s official US visit, calling it a threat to South Africa’s sovereignty and a betrayal of Pan-African ideals.
President Ramaphosa said to Putin, “This war must be settled… through negotiations and through diplomatic means.” He further highlighted that the war’s negative impact extended beyond Ukraine and affected the African continent and numerous other countries worldwide.