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EconomyUK Backs $400 Million AfDB Loan for South Africa Climate Push

The African Development Bank has approved a $400 million loan for South Africa. The United Kingdom will guarantee the facility. The guarantee forms part of the UK’s contribution to a climate finance pact. That agreement brings together Africa’s largest economy and some of the world’s wealthiest nations.

South AfricaAfrican Development Bankclimate finance

BBloomberg News★★★★☆2026-07-17 13:00Original

UK Backs $400 Million AfDB Loan for South Africa Climate Push
UK Backs $400 Million AfDB Loan for South Africa Climate PushEconomy