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French and German banks provide loans to SA for Just Energy Transition Partnership

todayNovember 10, 2022 233

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South Africa, France and Germany have signed loan agreements for the two European nations

to each extend €300 million in concessional financing to South Africa to support the country’s

efforts to reduce its reliance on coal through a just transition to cleaner energy sources. The

French and German public development banks, have provided the loans directly

to the South African government via National Treasury.

The signing represents a significant milestone in the implementation of the Just Energy

Transition Partnership announced at COP26 in November last year.

Written by: Keenan Williams

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Taking Parliament To the People taking place in KZN next week

Taking Parliament To The People will be taking place in KZN from next Tuesday through to Friday. It's a flagship programme of the National Council of Provinces taking place in the Ugu District Municipality where delegates consisting of members of Parliament, KZN Provincial Legislature, and local Municipalities will visit various sites and conduct public meetings, where members of the public are given the opportunity to draw the executive’s attention to […]

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