SA signs R10bn loan agreements for just energy transition
Loans provided by French and German public development banks directly to SA via Treasury
09 November 2022 - 11:02
UPDATED 09 November 2022 - 19:14
SA, France and Germany have signed loan agreements for the two European countries to each extend €300m concessional financing (about R10bn in total) to SA to support the country’s efforts to reduce its reliance on coal in the energy sector.
The loans are provided by the French and German public development banks, AFD and KfW directly to the SA government via the Treasury...
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