South Africa secures $5m at IATF 2025 for infrastructure development

Ambitious plan finalised by Afreximbank and Infrastructure SA at IATF2025

- SIPHELELE DLUDLA

SOUTH Africa’s ambitious infrastructure development agenda received a significant boost on Monday with the establishment of a $5 million (R87 million) Joint Project Preparation Facility (JPPF).

This initiative was formalised by the African Export-Import Bank (Afreximbank) and Infrastructure South Africa (ISA) during the week-long Intra-African Trade Fair 2025 (IATF2025) in Algeria.

This collaboration is expected to accelerate the preparation and delivery of high-quality, bankable infrastructure projects crucial for the country’s growth.

The JPPF is set to mobilise resources effectively, enhance technical capabilities, and stimulate private sector participation—essential measures for addressing the chronic infrastructure investment gap facing South Africa, which is projected to reach R1.6 trillion by 2030.

The initiative will prioritise the preparation of projects in critical sectors including energy, transport and logistics, manufacturing, agro-processing, mining, tourism, and information and communications technology (ICT).