A World Bank Group-funded effort to increase train access to a power plant in South Africa’s coal-rich region has started to significantly backslide as criminals target the country’s rail system.

The World Bank approved a $1 billion loan for South Africa on Wednesday to help it address an energy crisis that has peaked this year with the country's worst electricity blackouts. The energy ...

The World Bank is in talks about a potential $1 billion loan to help enable South Africa to reform its energy sector, a bank official told Reuters, as the country tries to overcome record power ...

South African President Cyril Ramaphosa placed police minister Senzo Mchunu on immediate leave of absence on Sunday, ...

South African National Parks, which runs some of the world’s premier wildlife reserves, said it’s in discussions with Rand ...

The South African rand was weaker in early trade on Monday, with investor attention pinned on key economic data expected ...

Treasury has not specified which projects the World Bank loan will fund, but says the financing plan includes an interest grace period.

Electricity generation in South Africa accounts for 41% of its CO2 emissions, mainly due to operations of Eskom’s fleet of 15 coal-fired power plants that provide 38.7 GW of the country’s 52.5 ...

DURBAN, South Africa (Reuters) -Germany will provide an initial contribution of 10 million euros ($11.59 million) to the ...

JOHANNESBURG (AP) — The World Bank granted South Africa a $1.5 billion loan to upgrade transportation infrastructure and help it transition toward a low-carbon economy, the country's National ...

The $8.5 billion in aid, which represents only a small fraction of that total, is meant to help South Africa raise the rest. Foreign aid can support investments in infrastructure that are less ...

WASHINGTON, April 8, 2010 – The World Bank’s Board of Executive Directors today approved a US$3.75 billion loan to help South Africa achieve a reliable electricity supply while also financing some of ...