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World Bank and Citi Launch US$98 Million South Africa Rand Facility

April 17, 2026
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Posted 2 hours ago by
News Ghana

NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/world-bank-and-citi-launch-us98-million-south-africa-rand-facility/The World Bank Group and Citigroup have signed a 1.6 billion rand (98 million) borrowing facility designed to expand local currency lending in South Africa, the latest step in a broader push by development finance institutions to reduce currency mismatch risks across emerging markets.

The facility was signed on April 14, 2026, and is arranged [] NewsGhana, Latest Updates and Breaking News of Ghana, Roger A. Agana, https://www.newsghana.com.gh/world-bank-and-citi-launch-us98-million-south-africa-rand-facility/

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News Ghana
News Ghana

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