Tag: Public Infrastructure

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World Bank approves $1.5 billion for South Africa’s infrastructure push

South Africa has secured a $1.5 billion World Bank loan to speed up reforms across its electricity, transport, water and sanitation sectors, strengthening infrastructure that the government says could support nearly 600,000 jobs by 2032 and help lift economic growth. The financing, provided through the International Bank for Reconstruction and Development (IBRD), marks the fourth stand-alone operation approved for South…

Timilehin Adejumobi July 20, 2026