DBSA lends University of Venda R300m for student housing

The Development Bank of Southern Africa (DBSA) and the University of Venda, have signed a R300-million loan agreement for the construction of on-campus student accommodation at the university’s Thohoyandou campus, in Limpopo. With an estimated cost of R448-million, the project would be co-funded by the Department of Higher Education and Training (DHET), which would provide R133-million, while the university itself would finance the remaining R15-million.