Trans-Caledon Tunnel Authority

Lesotho Highlands Water Project Phase II - NDB Financing

Industry
Waste and water/Water treatment
Area of finance
Project & Infrastructure Finance
Region
Africa
Africa
Countries
Lesotho

Deal Overview

The New Development Bank (NDB) and Trans-Caledon Tunnel Authority (TCTA) signed a loan agreement for the implementation of Phase II of the Lesotho Highlands Water Project (LHWP). The NDB will provide a project loan of ZAR 3.2 billion to TCTA under the sovereign guarantee of South Africa. TCTA,...

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Deal Volume
$168.42m
Financial Close
21/08/2023
Dealmakers

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Project Deals

Lesotho Highlands Water Project Phase 2
$2.6bn
Greenfield
Water treatment
Africa
Africa
Lesotho