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South Africa has signed a $1.5 billion loan agreement with the World Bank, aiming to overhaul its transport and energy ...
Treasury has not specified which projects the World Bank loan will fund, but says the financing plan includes an interest grace period.
DURBAN, South Africa (Reuters) -Germany will provide an initial contribution of 10 million euros ($11.59 million) to the ...
WASHINGTON, April 8, 2010 – The World Bank’s Board of Executive Directors today approved a US$3.75 billion loan to help South Africa achieve a reliable electricity supply while also financing some of ...
With several African nations now part of the bloc, the BRICS summit presents an opportunity for a continent that has long been sidelined in the global geopolitical order.The 17th BRICS Summit ...
Electricity generation in South Africa accounts for 41% of its CO2 emissions, mainly due to operations of Eskom’s fleet of 15 coal-fired power plants that provide 38.7 GW of the country’s 52.5 ...
JOHANNESBURG (Reuters) -South African President Cyril Ramaphosa placed police minister Senzo Mchunu on immediate leave of ...
A World Bank Group-funded effort to increase train access to a power plant in South Africa’s coal-rich region has started to significantly backslide as criminals target the country’s rail system.
The $8.5 billion in aid, which represents only a small fraction of that total, is meant to help South Africa raise the rest. Foreign aid can support investments in infrastructure that are less ...