The Credit Guarantee Vehicle (CGV) is an instrument for unlocking private investment in South Africa’s infrastructure to create jobs and drive sustainable economic growth through projects in electricity, water, freight transport, education, and health. The CGV is a new, privately run entity being established by South Africa’s government and development partners including the World Bank Group to de-risk private investment in resilient infrastructure. By accelerating infrastructure delivery, the CGV will directly and indirectly support job creation across construction, operations, and related value chains — contributing to inclusive economic growth and helping South Africa address its structural employment challenges.
