The move could unlock private financing for South Africa’s huge transmission grid expansion plan.
Browsing: World Bank
A World Bank-linked fund has backed plans to cut South Africa’s reliance on coal, unlocking up to $2.6-billion in financing.
South Africa, with the World Bank’s help, has a R55-billion plan to reverse the decline of eight of its biggest cities.
The US is stalling $2.6-billion in climate finance, stoking concerns the money might be blocked outright.
Solly Malatsi met with the GSMA, the World Bank and other industry players on Monday to discuss device affordability.
Mission 300, a World Bank-backed plan to bring electricity to 300 million Africans by 2030, has begun to be implemented.
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.