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Southern Africa

IFC Agrees US$236 Million Green Buildings Loan For South Africa

Absa Bank will expand its green buildings finance programme.


By Sneha Abraham
The International Finance Corporation (IFC) has signed an agreement with Absa Bank to help the local lender expand its loans and mortgage finance programme for certified green building projects in South Africa. Under the deal inked on 31 July, the IFC will provide a loan of up to ZAR4.5 billion (US$236

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