US to offer $2B in energy loans to S. Africa - Israel News, Ynetnews

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US to offer $2B in energy loans to S. Africa

Published: 08.07.12, 00:54 / Israel News

The head of the US Export-Import Bank says the U.S. will offer South Africa a $2 billion loan for renewable energy ventures.


Fred Hochberg told journalists Monday at an event in Johannesburg the deal will be signed Tuesday with South African officials. Hochberg said the 18-year loans could benefit companies like General Electric Co. (AP)


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