BRICS bank can help African countries’ to tackle urgent challenges

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Brazil's President Dilma Rousseff delivers a speech during a ceremony at the Planalto Palace in Brasilia

Brazil’s President Dilma Rousseff delivers a speech during a ceremony at the Planalto Palace in Brasilia, Brazil, June 24, 2015. REUTERS/Bruno Domingos/File Photo Acquire Licensing Rights

Aug 24 (Reuters) – The New Development Bank created by BRICS countries in 2015 can help finance African countries’ projects to tackle their most urgent challenges, the bank’s president Dilma Rousseff said on Thursday.

The BRICS countries are “good partners” for Africa, former Brazilian President Rousseff said in a speech in Johannesburg.

The BRICS bank will finance physical and digital infrastructure projects in Africa as well as educational ones, she said.

Reporting by Sergio Goncalves, editing by Inti Landauro and John Stonestreet

Our Standards: The Thomson Reuters Trust Principles.

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