China Development Bank has signed a 2.1 billion yuan ($292.5 million) loan agreement with the Development Bank of Southern Africa, the Chinese bank said in a news release on Wednesday.

South Africa’s struggling energy and transport sectors are set for a major boost after the African Development Bank (AfDB) approved a $475 million (R7.5 billion) loan aimed at overhauling critical ...

The African Development Bank will give South Africa a $474.6 million loan to upgrade its transport and energy infrastructure, the bank said on Tuesday, the second big infrastructure loan the country ...

PRETORIA: The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This ...

The National Treasury allocated R400m to the department in the year ending March 2026, well below the R1.6bn it estimates the upgrades require, Justice Minister Mmamoloko Kubayi said.

The Board of Directors of the African Development Bank Group has approved a $474.6 million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This financing marks a ...

Loan marks next step in AfDB assistance to South Africa This IGGGP is the second phase of the Bank’s strategic support for South Africa’s Just Energy Transition. It builds on the success of the $300m ...

Bank Loans. Bank loans typically follow the structure of medium to long-term loans. The process for bank loans can be strict and tedious, and they may require collateral, making it harder for startups ...

The money adds to the $1.5 billion loan South Africa agreed with the World Bank last month for a similar purpose ...

The African Development Bank Group (AfDB) has approved a $474.6 million loan to support South Africa’s Infrastructure Governance and Green Growth Programme (IGGGP), marking a major step forward in the ...

The African Development Bank (AfDB) has approved a $474.6-million loan for South Africa's Infrastructure Governance and Green Growth Programme (IGGGP). This IGGGP is the second phase of the bank's ...

The World Bank has granted the loan to South Africa to upgrade transportation infrastructure and help it transition to a low-carbon economy.