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AFD has reportedly rejected the City of Joburg’s request for additional funding

# The French Development Agency has reportedly rejected a request by the City of Johannesburg for additional funding. According to News24, this was due to the metro failing to meet the terms of a 2.5-billion-rand loan it received from the AFD in 2024. In response, the metro says international development finance institutions, including the AFD, don’t have an obligation to fund Johannesburg every financial year. The AFD says it has no further financing plans with the metro in its current annual programming cycle.