
Central News South Africa
June 11, 2025 at 01:55 PM
🔴World Bank Loan Boosts South Africa’s Infrastructure Push with R26 billion Backing🔴
On 9 June 2025, the World Bank approved a US $1.5 billion (approx. R26 billion) development policy loan to support structural energy and freight transport reforms in South Africa. The move aims to address sluggish economic growth, sky‑high unemployment (circa 33%), and crippling electricity shortages—while modernising state‑owned enterprises and advancing a green economy transition.
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https://centralnews.co.za/world-bank-loan-boosts-south-africas-infrastructure-push-with-r26-billion-backing/
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