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CDH's Banking, Finance & Projects team advised the National Development Bank

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CDH's Banking, Finance & Projects team advised the National Development Bank

CDH advised the NDB in relation to a R7 billion loan agreement to the SANRAL. The loan will support various toll portfolio projects in the country, in particular the key economic corridors along the N2/N3 in KwaZulu Natal and the N1 major roads in South Africa.

22 Jul 2025 1 min read Featured work

The team advised the National Development Bank (NDB), also known as the BRICS Bank, in relation to a R7 billion loan agreement to the South African National Roads Agency (SANRAL) and the Government Guarantee issued by the National Treasury on behalf of SANRAL. The CDH team worked alongside the NDB lawyers based in Shanghai, China on this transaction.

THE TEAM BEHIND THE DEAL

Mashudu Mphafudi

Mashudu Mphafudi

Practice Head, Director

Banking, Finance & Projects

Sidumisile Zikhali

Sidumisile Zikhali

Senior Associate

Banking, Finance & Projects

Makhosazana Nzimande 

Makhosazana Nzimande 

Candidate Attorney

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