U.S. Exim Bank to Lend South Africa $2 Billion for Clean Energy

The U.S. Export-Import Bank signed an agreement to lend South Africa’s Industrial Development Corp. $2 billion to fund clean-energy projects, U.S. Secretary of State Hillary Clinton said.

Economic growth in South Africa benefits the rest of the continent, Clinton told reporters in Pretoria, South Africa’s capital, today.

To contact the reporter on this story: Andres R. Martinez in Johannesburg at amartinez28@bloomberg.net

To contact the editor responsible for this story: Mike Cohen at mcohen21@bloomberg.net

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