Southern Africa
Cape Town Secures US$150 Million For Infrastructure Spend
IFC loan to support investments in assets with long operational lifespans.
The government of the city of Cape Town in southwestern South Africa has signed a Rand 2.8 billion (US$150 million) financing agreement with the IFC that will help drive its infrastructure investment programme over the next three years.The programme covers sectors including energy, transport, housing, water and sanitation, and waste
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