South Africa’s efforts to accelerate infrastructure investment, create jobs and stimulate economic growth have received a significant boost with the World Bank’s approval of the Blended Finance Platform for Resilient Infrastructure Program.

The initiative introduces a new Credit Guarantee Vehicle (CGV) designed to attract private capital into resilient infrastructure projects. The Washington‑based lender will work alongside national and international development partners to support South Africa’s broader reform agenda, including unlocking finance for energy, transport, water and other critical sectors.

Thami Ngubeni spoke to Bani Kgosana, Chief Revenue Officer at Pragma.