https://en.sputniknews.africa/20230925/zimbabwe-in-talks-with-brics-lender-on-development-financing-official-1062348071.html
Zimbabwe in Talks With BRICS Lender on Development Financing: Official
Zimbabwe in Talks With BRICS Lender on Development Financing: Official
Sputnik Africa
JOHANNESBURG (Sputnik) – The New BRICS Development Bank was established in July 2014. The main goal is to provide financing for stable infrastructure and... 25.09.2023, Sputnik Africa
2023-09-25T19:54+0200
2023-09-25T19:54+0200
2023-09-25T19:54+0200
zimbabwe
brazil
russia
new development bank (ndb)
brics
sub-saharan africa
brics expansion
southern africa
economy
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Zimbabwe is seeking financing for its development projects from the BRICS’ New Development Bank (NDB), the information director of the southern African country's governing Zanu-PF party told Sputnik. The official said Zimbabwe shared many of the top emerging economies’ interests, including economic growth, sustainable development, the environment and climate change, innovation, technology and de-dollarization, and was eager to join the club and trade more with its members. The BRICS — Brazil, Russia, India, China and South Africa — established NDB in 2015 in a bid to raise funds for infrastructure and sustainable development projects in emerging markets and developing countries. The leaders of the five agreed to add Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to the fold during the summit of the group in Johannesburg in August.
https://en.sputniknews.africa/20230822/brics-new-development-bank-becomes-important-lender-for-emerging-markets-president-1061518727.html
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zimbabwe, brazil, russia, new development bank (ndb), brics, brics expansion, southern africa, economy
zimbabwe, brazil, russia, new development bank (ndb), brics, brics expansion, southern africa, economy
Zimbabwe in Talks With BRICS Lender on Development Financing: Official
JOHANNESBURG (Sputnik) – The New BRICS Development Bank was established in July 2014. The main goal is to provide financing for stable infrastructure and development projects in BRICS's member states and developing countries in general.
Zimbabwe is seeking financing for its development projects from the BRICS’ New Development Bank (NDB), the information director of the southern African country's governing Zanu-PF party told Sputnik.
"We are […] in discussions with the New Development Bank to finance development projects, which will go a long way in helping the achievement of Zimbabwe’s vision of 2030," Farai Marapira said in an interview.
The official said Zimbabwe shared many of the top emerging economies’ interests, including economic growth, sustainable development, the environment and climate change, innovation, technology and
de-dollarization, and was eager to join the club and trade more with its members.
The BRICS — Brazil, Russia, India, China and South Africa — established
NDB in 2015 in a bid to raise funds for infrastructure and sustainable development projects in emerging markets and developing countries. The leaders of the five agreed to add Argentina, Egypt, Ethiopia, Iran, Saudi Arabia and the United Arab Emirates to the fold during the summit of the group in Johannesburg in August.
