BRICS Bank African center opens in March
BRICS leaders at the 7th BRICS Summit in Ufa, Russia on 9 July 2015 [PPIO]The BRICS New Development Bank (NDB) will open its Africa Regional Center in Johannesburg next month, South African Finance Minister Pravin Gordhan said on Wednesday.
The BRICS Bank is looking at local funding solutions, such as tapping financial and capital markets in BRICS nations, NDB President Kundapur Vaman Kamath has said.