PROJECT

Projects

Summary of Investment Information

Project Number

49631

Company Name

CITY OF CAPE TOWN

Date SPI Disclosed

May 8, 2024

Country

South Africa

Region

Africa

Projected Board Date

Jun 10, 2024

Environmental Category

B - Limited

Status

Active

Last Updated Date

Aug 7, 2025

Department

Regional Industry - INF Africa

Industry

other

Previous Events

Approved : Jun 25, 2024
Signed Pending
Invested Pending

Sector

other

Project Description

The Project is to support the City of Cape Town Metropolitan Municipality’s (“CCT” or the “City”) FY24/25 capital investment program, through a proposed IFC loan of up to the lower of ZAR2.8 billion or US$150 million (in South African Rands equivalent) with an up to 20-year tenor.

 

The investment aims to support the City’s FY24/25 capital investment program for infrastructure assets, which comprises primarily upgrades, replacements and expansion of sanitation and water supply infrastructure, roads, electrical infrastructure, and transport assets, amongst others. The capital investment program forms part of the City’s ten-year infrastructure plan, under which the City aims to address key infrastructure gaps to deliver quality basic services to its growing population and enable inclusive economic growth.

Associated Advisory Engagement

There are no expected advisory services engagements associated with this investment. 

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation