Original disclosure @ IFC website
Updated in EWS May 12, 2023
Disclosed by Bank May 5, 2023
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According to the IFC, the Project is to support the City of Johannesburg Metropolitan Municipality’s FY22/23 capital investment program, through an IFC’s proposed 15-year senior loan of up to US$100 million (in South African Rands equivalent).
The investment aims to support CoJ’s FY22/23 capital investment program for infrastructure assets, which comprises primarily of upgrades, replacements and expansion of energy, water and sanitation, and transport infrastructure. The capital investment program is a high priority for CoJ, South Africa’s largest metropolitan city, in improving the quality of infrastructure services and life for its residents. This investment will also assist the City in providing enhanced access to public services and infrastructure to underserved areas.
General IFC Inquiries - IFC Communications:
Address: 2121 Pennsylvania Avenue, NW, Washington DC 20433
Telephone: +1 202-473-3800
Fax: +1 202-974-4384
Client - City of Johannesburg Metropolitan Municipality:
Mabandla Sibisi - Head of Funding, City of Johannesburg Treasury
Address: 14th Floor, Jorissen Place 66, Jorissen Street, Braamfontein
ACCESS TO INFORMATION
You can submit a request for information disclosure at: https://disclosures.ifc.org/#/inquiries
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ACCOUNTABILITY MECHANISM OF IFC/MIGA
The Compliance Advisor Ombudsman (CAO) is the independent complaint mechanism and fact-finding body for people who believe they are likely to be, or have been, adversely affected by an IFC or MIGA- financed project. If you submit a complaint to the CAO, they may assist you in resolving a dispute with the company and/or investigate to assess whether the IFC is following its own policies and procedures for preventing harm to people or the environment. If you want to submit a complaint electronically, you can email the CAO at CAO@worldbankgroup.org You can learn more about the CAO and how to file a complaint at http://www.cao-ombudsman.org