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new development bank loan

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News

South Africa at a Crossroads: Can a New R7 Billion Loan Reshape the Nation’s Roads?

by Aiden Abrahams
July 24, 2025

South Africa is hoping a big R7 billion loan from the New Development Bank can fix its wornout highways by adding lanes, fixing bridges, and making roads safer. While some people feel hopeful this money will create jobs and boost trade, many remain doubtful because of past broken promises and corruption. These roads mean a lot—they connect people and places but also carry the weight of the country’s painful history. If handled well, this loan could help South Africa build better roads and trust, but much depends on honest leadership and real results on the ground.

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