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Home » Finance » African Development Bank Approves $1 Billion Guarantee for South Africa’s Energy Transition
Finance

African Development Bank Approves $1 Billion Guarantee for South Africa’s Energy Transition

By Matthew WrightDecember 13, 20232 Mins Read
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The African Development Bank (ADB) has greenlit a $1 billion guarantee to support South Africa's ambitious energy transition, backed by the UK Foreign, Commonwealth and Development Office (FCDO). This collaborative initiative is poised to enhance the bank's lending capacity, reinforcing its commitment to advancing projects aligned with South Africa's Just Energy Transition Investment Plan. In

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Africa African Development Bank Finance Green Hydrogen Hydrogen Mozambique Renewable energy South Africa
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