The New Development Bank will financially back infrastructure and education projects in Africa, the chair of the institution says The New Development Bank will provide African nations with valuable financial help to tackle their most urgent needs, the chair of the multinational lender, Dilma Rousseff, said on Thursday, adding that the members of the BRICS group are “good partners” for Africa. Speaking at the BRICS summit in Johannesburg, Rousseff, who was formerly the president of Brazil, promised that the Shanghai-based lender would finance projects related to physical and digital infrastructure, as well as ed
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