Monday
November 10
2025

South Africa Secures $925 Million From the World Bank to Rebuild Its Ailing Cities

By Adekunle Agbetiloye

The World Bank has approved a $925 million loan to South Africa to help revive its major cities through a six-year urban renewal program estimated to cost three times that amount.

Photo courtesy of martinaH79.

Source: Business Insider Africa (link opens in a new window)

Categories
Investing
Tags
infrastructure, sustainable finance, urban development