South Africa: World Bank Grants Loan to Eskom

28 October 2011

Pretoria — Power parastatal Eskom has been granted a $250 million loan (about R1.9 billion) for its Eskom Renewables Energy Support Project (ERSP), said the World Bank.

The loan will help Eskom to implement two of the largest renewable energy projects ever attempted on the African continent.

...

AllAfrica publishes around 500 reports a day from more than 100 news organizations and over 500 other institutions and individuals, representing a diversity of positions on every topic. We publish news and views ranging from vigorous opponents of governments to government publications and spokespersons. Publishers named above each report are responsible for their own content, which AllAfrica does not have the legal right to edit or correct.

Articles and commentaries that identify allAfrica.com as the publisher are produced or commissioned by AllAfrica. To address comments or complaints, please Contact us.