Mission 300, a World Bank-backed plan to bring electricity to 300 million Africans by 2030, has begun to be implemented.
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A group of Chinese companies has won a contract to build a 100MW solar plant in Botswana.
“The world has changed,” President Cyril Ramaphosa told a green energy conference in Pretoria on Monday.
Half of the world’s poorest countries are seeing a widening income gap with the wealthiest for the first time this century.
Eskom will lose a portion of the debt relief it was previously allocated after it failed to meet the attached conditions.
Rampant crime in South Africa is costing the country at least 10% of its GDP annually, a World Bank study found.
The World Bank’s board has approved a $1-billion loan to help South Africa reform its energy sector.
The World Bank is in talks about a potential $1-billion loan to help South Africa reform its energy sector.
Africa’s biggest harbour will be partly owned and operated by the Philippines’ International Container Terminal Services.
The World Bank Group’s private investment arm and guarantee agency have pledged more support for Safaricom Ethiopia.