PROJECT

Projects

Summary of Investment Information

Project Number

51258

Company Name

CITY OF JOHANNESBURG

Date SPI Disclosed

Apr 23, 2026

Country

South Africa

Region

Africa

Projected Board Date

Jun 8, 2026

Environmental Category

B - Limited

Status

Pending Approval

Last Updated Date

Apr 23, 2026

Department

Regional Industry - INF Africa

Industry

other

Sector

Municipal Finance - Water, Wastewater, District Heating, and Waste [Project only]

Project Description

The proposed Project is a loan to the City of Johannesburg (COJ or the City) of 750 million South African Rands (ZAR), equivalent to approximately US$47 million, with a tenor of 15 years.

The proceeds of the loan will partially fund the City's capital investment program for water storage and distribution, including reservoir upgrading and refurbishment, pipe replacement, bulk mains rehabilitation and upgrading, metering, and pressure management equipment (the Project) to be implemented over FY2025/26 to FY2026/27.                                                  

Associated Advisory Engagement

IFC also contemplates offering advisory services to COJ to complement the proposed financing. The specific areas of advisory services will be determined after further consultation with COJ and other Development Finance Institutions which also have an active engagement with COJ. Some areas of support for consideration include: strategic planning of water infrastructure investment; and improving procurement processes.                                                   

Sponsor / Cost / Location

Development Impact

E&S Category Rationale / Risks and Mitigation