Southern Africa
Cape Town Gets US$193 Million For Infrastructure
City plans infrastructure spend of US$2.2 billion over three years.
The City of Cape Town Government in South Africa has signed a Rand 3.5 billion (US$192.7 million) financing agreement with the local Nedbank to fuel its infrastructure investment plans over the next three years.The government plans to spend Rand 39.5 billion (US$2.2 billion) on sectors including energy, transport, housing, water
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