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![Moneyweb Avatar](https://lunarcrush.com/gi/w:24/cr:twitter::22752995.png) Moneyweb News [@Moneyweb](/creator/twitter/Moneyweb) on x 162K followers
Created: 2025-07-22 14:20:08 UTC

The R7 billion loan is from the New Development Bank, established by the #Brics bloc of nations in 2015 to fund infrastructure and sustainable-development projects in member countries.

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**Related Topics**
[developing economies](/topic/developing-economies)
[countries](/topic/countries)
[bloc](/topic/bloc)

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