April 5 (Reuters) - Coal Of Africa Ltd CZA.AX :
* Says has entered into a loan agreement
* Loan funding will be used to advance operations and implementation of Makhado project, coal's flagship project
* Coal Of Africa says Industrial Development Corp Of South Africa to advance loan funding up to R240 million (about $17.6million) to unit Baobab
* Coal Of Africa says loan agreement with Industrial Development Corp Of South Africa (IDC) and Baobab Mining and Exploration Proprietary Ltd Source text for Eikon: Further company coverage: CZA.AX