Other areas of focus include balancing focus between the macro and microeconomic environment and appropriate policies and decisions thereto, as well as reducing the amount of burdensome “red tape” for foreign companies wanting to invest in South Africa.
This comes as the country is again experiencing Stage 6 loadshedding and follows what has been exponential loadshedding growth from 141 hours (six days) in 2018 to 3 776 hours (157 days) in 2022.
EAIF’s long-term financing package enables IHE to achieve financial close for the project, accelerating the design, construction and operation of the power plant and associated infrastructure and boosting rural access to clean energy.
INDUSTRY NEWS
- ‘Second wave’ of Operation Vulindlela set to prioritise ‘green and digital’ growthJune 25, 2024 - 5:00 pm
- 435 kW solar, battery system ensures Nabaoom Plastic can produce, reduce backlogJune 25, 2024 - 5:00 pm
- Cape Town nears completion of prepaid meter upgrade ahead of deadlineJune 25, 2024 - 5:00 pm
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