South Africa gets R5.6 billion loan from France and Germany

• France and Germany provide R5.6 billion loan to support Metro Trading Services Reform program
• The loan is part of a R54 billion project over six years, aiming to enhance electricity, water supply, sanitation, and solid waste services in South Africa's eight metropolitan municipalities
• The program is linked to South Africa's overall economic growth and aims to reduce outages and address investment backlogs