Africa > Loan from German development bank injects new life into South Africa’s JETP

Loan from German development bank injects new life into South Africa’s JETP

Published 18:29 on November 17, 2023  /  Last updated at 18:29 on November 17, 2023  / Alejandra Padin-Dujon /  Africa, Climate Talks, EMEA, International

South Africa will receive €500 million in concessional loans from German development bank KfW to undertake a low-carbon transition of its coal-based power sector and promote long-term energy security, the German government confirmed in a statement on Friday.
South Africa will receive €500 million in concessional loans from German development bank KfW to undertake a low-carbon transition of its coal-based power sector and promote long-term energy security, the German government confirmed in a statement on Friday.


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