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World Bank Approves $1.5 Billion for South Africa Infrastructure

Summary by Bloomberg
The World Bank has approved a $1.5 billion loan to support structural reforms aimed at boosting South Africa’s infrastructure.

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The World Bank has approved a loan of $1.5 billion (just over R26.5 billion at the current exchange rate) to support reforms aimed at strengthening South Africa's infrastructure.

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Bloomberg broke the news in United States on Monday, June 9, 2025.
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