DBSA signs ZAR5.5bn loans for Lesotho Highlands Water Project Phase II

The Trans-Caledon Tunnel Authority and the Development Bank of Southern Africa (DBSA) have sealed two loan facility deals totalling ZAR5.5 billion for Phase II of the Lesotho Highlands Water Project.The 20-year investment comprises ZAR3 billion and R2.5 billion loans and was negotiated alongside...