Green Power Investing Brightens Returns in Ailing South Africa

Updated on
  • State-backed power purchases cut risks with returns at 20%
  • Renewable energy plan opens a treasure trove for investors

A visitor inspects photovoltaic panels at a solar park in Kathu, Northern Cape.

Photographer: Waldo Swiegers/Bloomberg

A program that’s making South Africa the top destination for green-power investments across the continent and the Middle East is not only easing an electricity crisis: returns are beating those in bonds and stocks.

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