Fintech

New Development Bank approves up to $1 billion loan for South Africa urban infrastructure

Reuters·T1·June 17, 2026 at 11:48 AM

The New Development Bank (NDB) has approved a loan of up to $1 billion for ‌South Africa to upgrade its urban infrastructure in eight metropolitan municipalities, the lender backed by the BRICS gro

Original Source

Reuters — www.reuters.com

Related in Fintech

OCC Approves Santander's Webster Bank Acquisition
PYMNTS
Illinois governor triggers crypto tax backlash
PYMNTS
Visa, Mastercard Prioritize Tokens for AI Commerce
PYMNTS
State Farm Embraces AI to Regain Market Leadership
PYMNTS

New Development Bank approves up to $1 billion loan for South Africa urban infrastructure

OCC Approves Santander's Webster Bank Acquisition

Illinois governor triggers crypto tax backlash

Visa, Mastercard Prioritize Tokens for AI Commerce

State Farm Embraces AI to Regain Market Leadership