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Johannesburg seeks public input on a €200m German loan to upgrade power infrastructure, with repayments over 30 years.
The City of Johannesburg is seeking public feedback on a proposed R3.8bn loan from Germany’s KFW to upgrade its aging power infrastructure, with funds to be used for capital projects from 2025/26 to 2027/28.
The €200m loan, carrying an interest rate below 9%, will support energy resilience efforts amid ongoing infrastructure and financial challenges.
No city security is required, with repayments structured over 60 semi-annual installments and a 0.5% front-end fee.
The city settled a R3.2bn debt with Eskom in June 2025, including a R830m write-off of penalties.
Public comments are due by April 7, 2026.
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Johannesburgo busca opiniones públicas sobre un préstamo alemán de 200 millones de euros para mejorar la infraestructura energética, con reembolsos a lo largo de 30 años.