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Global Trade Alert

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South Africa: DBSA provides financing to Lepelle Northern Water (LNW) under the Infrastructure Fund

Description

On 21 April 2023, the Development Bank of Southern Africa (DBSA) and Lepelle Northern Water (LNW) signed a ZAR 4.6 billion (USD 254.3 million) Memorandum of Agreement (MoA) providing blended finance f...

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Intervention Details

Intervention Type

Capital injection and equity stakes (including bailouts)

MAST Chapter

L: Subsidies (excl. export subsidies)

Implementation date

21 Apr 2023

Revocation date

No revocation date

Implementation level

NFI

Affected flow

Inward

Announced as temporary

No

Eligible firms

firm-specific

Affected Trading Partners

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Affected Sectors

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Affected Products

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