Cold War Relic to Give Billions To South Africa for Green Energy Scheme
- OurStudio
- Aug 6, 2012
- 1 min read
The US Export-Import Bank is to sign a $2 billion deal with South Africa to fund a green energy scheme in the electricity-short country, the bank's chief said Monday.
"We are signing an agreement tomorrow for $2 billion for renewable energy exports from the US to South Africa," the bank's president Fred Hochberg told reporters.
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