Germany, German Development Bank earmark R96 million for City of Cape Town

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The Republic of Germany and the German Development Bank announced they would give the CityofCT €5 million (R96 million) for relief aid, for identified communities within the metro.

Cape Town - The Republic of Germany and the German Development Bank announced they would give the City €5 million for relief aid, for identified communities within the metro.

The City said the funds would not be disbursed to the City, and will not be incorporated into the City’s budget, in the conditions laid out as part of the agreement signed by the City and the German ambassador. The focus of the aid would be families and single parents with children under the age of seven “as well as foreign families who do not qualify to receive government support grants”.

KfW said some of the money would be used to support informal businesses, such as urban vegetable gardens and early childhood development centres.

 

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