$1.5bn loan will help drive South Africa’s infrastructure upgrades and create jobs

It will help the country confront challenges in electricity supply, freight transport, and water and sanitation services that have long constrained economic growth

South Africa has secured a $1.5 billion Development Policy Loan from the World Bank to support vital reforms in electricity, freight logistics, and water infrastructure, aiming to…

$1.5bn loan will help drive South Africa’s infrastructure upgrades and create jobs

Is South Africa's debt crisis spiralling out of control? The country takes on a new R25bn loan from the World Bank while spending R1.1bn daily on existing debt.