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USD/NGN 1,327.88 ▾0.1%GBP/NGN 1,782.56 ▾0.5%USD/NGN black market ₦1,394GBP/NGN black market ₦1,879

South Africa secures $1bn NDB loan for municipal infrastructure

South Africa has secured a $1 billion loan from the New Development Bank (NDB) to upgrade municipal infrastructure, giving local read more South Africa secures $1bn NDB loan for municipal infrastructure

Aggregated · originally by BusinessDay
15 Sept 2026, 18:15 WAT · 3 min read
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South Africa secures $1bn NDB loan for municipal infrastructure

South Africa has secured a $1 billion loan from the New Development Bank (NDB) to upgrade municipal infrastructure, giving local read more South Africa secures $1bn NDB loan for municipal infrastructure