South Africa Starts Fund to Fast-Track Power Generation Projects
High voltage electricity transmission towers in Mpumalanga, South Africa.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa has started a fund to help the government fast-track electricity-generation projects needed to end a crippling energy crisis.
The Energy One Stop Shop and Resilience Fund will aim to streamline regulatory processes required for private investment in electricity production and help speed up the approval of projects, Trade, Industry and Competition Minister Ebrahim Patel said at a virtual launch on Thursday.