A $1 billion BRICS bank loan will help South Africa upgrade water, power, sanitation and waste services across its eight largest cities.
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SOUTH AFRICA · ECONOMY
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$1 billion approved: The BRICS-founded New Development Bank cleared a loan of up to $1 billion for South Africa on June 15, aimed at municipal infrastructure.
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South Africa has secured a $1 billion loan from the New Development Bank to improve water, sanitation, electricity and…
New Development Bank is lending South Africa $1-billion for the State to upgrade infrastructure in its eight biggest cities,…
The funds will support investment in the provision of essential urban services, including water supply and sanitation,…
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