IFC invests US$ 58 million in Balwin Properties to support quality housing in South Africa
IFC has announced a ZAR 1 billion (US$ 58 million equivalent) investment in South Africa’s Balwin Properties to support the property developer to build more than 16,000 houses for low-and-middle income buyers near Johannesburg, helping increase the supply of affordable housing in the country. IFC’s local currency ZAR 1 billion
