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flag The World Bank approved $350 million to boost South Africa’s infrastructure investment, job growth, and clean energy via a risk-reducing credit guarantee by late 2026.

flag The World Bank has approved $350 million to launch a credit guarantee vehicle in South Africa, aiming to mobilize $10 billion in private investment for infrastructure in energy, transport, and water. flag The program, set to launch by late 2026, will reduce investor risk, support power transmission upgrades, and help address long-standing economic bottlenecks. flag It is expected to generate nearly 1 million jobs and support cleaner energy development, aligning with national reforms under Operation Vulindlela and the country’s just energy transition goals.

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