{"id":40148,"date":"2026-07-21T09:49:02","date_gmt":"2026-07-21T07:49:02","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=40148"},"modified":"2026-07-21T09:49:02","modified_gmt":"2026-07-21T07:49:02","slug":"sa-gets-1-5-billion-world-bank-loan-for-infrastructure","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/sa-gets-1-5-billion-world-bank-loan-for-infrastructure\/","title":{"rendered":"SA gets $1.5 billion World Bank loan for infrastructure"},"content":{"rendered":"<div>South Africa (SA) has secured a $1.5 billion World Bank loan to support \u200breforms aimed at easing infrastructure bottlenecks, \u200cboosting economic growth and creating jobs, its National Treasury said on Tuesday.<\/div>\n<div><\/div>\n<div>The Development Policy \u200bLoan will be spent on the \u200bwater and sanitation, freight transport and \u2060electricity sectors, the Treasury said in \u200ba statement.<\/div>\n<div><\/div>\n<div>The loan offers a favourable interest \u200brate and flexible repayment terms, contributing to minimising the rise in debt service costs, the Treasury \u200badded.<\/div>\n<div><\/div>\n<div>It said the loan has a \u200b15-year maturity, including a three-year grace period, and \u200ccarries \u2060an interest rate of six-month Secured Overnight Financing Rate plus 1.35%.<\/div>\n<div><\/div>\n<div>Together with financing from other multilateral lenders, the loan has \u200benabled the \u200bS\u2060A government to meet its 2026\/27 foreign currency borrowing requirement \u200bof $3.2 billion.<\/div>\n<div><\/div>\n<div>The World Bank said the \u200bfinancing \u2060was the fourth in a series of stand-alone Development Policy Loans to SA \u200bsince 2022.<\/div>\n<div><\/div>\n<div>It is the \u200bfirst that aims to support improvements in water and \u200bsanitation.<\/div>\n<div><\/div>\n<div><\/div>\n<div>&#8211;Reuters&#8211;<\/div>\n","protected":false},"featured_media":28952,"template":"","meta":{"_acf_changed":false},"news-type":[78,26],"class_list":["post-40148","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-featured","news-type-general_news","entry"],"acf":{"short_description":"","published_date":"","news_description":"SA secures $1.5 billion World Bank loan to support \u200binfrastructure","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40148","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40148\/revisions"}],"predecessor-version":[{"id":40149,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/40148\/revisions\/40149"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/28952"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=40148"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=40148"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}