South Africa: SA Granted €500 Million Loan for Energy Transition
7 Articles
7 Articles
Emphasise the ‘just’ aspect of the just energy transition – The Mail & Guardian
South Africa’s nationwide electricity blackouts have been suspended, but the nation still faces a “risk of another energy crisis”, the 2025 Energy Market Projections report notes, making the necessity of an energy transition indisputable. But, for the transition to be fair and effective, it must be anchored in strategies that prioritise equity and inclusion. Without this foundation, inequalities and the marginalisation of vulnerable groups, such…
South Africa receives a million-dollar loan from the state funding bank KfW. It is intended to promote the energy transition in the country, which so far is more concerned about blackouts.
Germany loans €500m to support SA energy reforms
Germany has granted South Africa a significant loan of €500 million aimed at bolstering the country’s energy sector reforms, reports Cape {town} Etc. The funding, facilitated through the KFW Development Bank, plays a vital role in supporting South Africa’s Just Energy Transition (JET), an integral component of the nation’s comprehensive climate action strategy. This loan is a crucial part of South Africa’s third Development Policy Operation, whi…
South Africa obtained a $540 million loan from German Cooperation through the KFW Development Bank to support the implementation of its Just Energy Transition Plan (JET), the Ministry of Finance reported today.
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