South Africa Gains R7 Billion Boost from BRICS Bank for Roads
In a world where infrastructure is the backbone of economic prosperity, the New Development Bank (NDB) established by the BRICS nations—Brazil, Russia, India, China, and South Africa—has emerged as a beacon of opportunity. This financial institution is rapidly becoming a vital alternative source of funding, especially for significant infrastructure projects across the Global South. But why is this shift significant? How will it redefine the landscape of development finance?
The NDB's growing influence is…