South Africa in Talks With Energy Partners on Loan Guarantees
Electricity pylons in Middelburg, South Africa.
Photographer: Waldo Swiegers/BloombergThis article is for subscribers only.
South Africa is in talks with its international climate-finance partners over the provision of guarantees for loans for the construction of energy-related infrastructure.
“We are managing, in particular, issues with our international partners” around guarantees, said Joanne Yawitch, head of the project management unit for the $9.3 billion pact within the South African presidency, at an event in the eastern town of eMalahleni on Friday. “We are on the edge of seeing some of that finance flowing.”