Monday
July 7
2025

World Bank Grants South Africa a $1.5 Billion Loan for Infrastructure Upgrade and Green Energy Transition

The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country’s National Treasury said Monday.

Photo courtesy of distel2610 / Pixabay.

Source: AP News (link opens in a new window)

Categories
Energy, Finance
Tags
climate change, decarbonization, employment, infrastructure, lending