Jul. 18, 2024 09:16 AM EDT
CAPE TOWN, South Africa (AP) — The African Development Bank said Thursday it had approved a $1 billion loan to South Africa's state-owned rail and ports company, Transnet.
The 25-year loan was wholly guaranteed by the South African government and will help finance the first phase...
Jun. 25, 2024 13:07 PM EDT
NEW YORK (AP) — The Associated Press says it is setting up a sister organization that will seek to raise money in support of state and local news reporting, as the crisis in that sector shows little sign of abating.
The organization, which will have a board of directors independent...