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South Africa Seeks Funds For $20.5 Billion Infrastructure Plan

  • Investment will focus on rail, water and telecommunications
  • Country may need as much as $100 billion to recover from virus
    
Photographer: Waldo Swiegers/Bloomberg
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South Africa is seeking investments from multilateral lenders, commercial banks and pension funds in what a senior ruling party official said will be a $20.5 billion infrastructure program.