AFD approves another €400m JET-linked policy loan to South Africa

Agence Française de Développement (AFD) has approved another €400-million policy-based loan to support South Africa’s Just Energy Transition (JET), increasing its approvals to €700-million out of the €1-billion it pledged to South Africa at COP26 in Glasgow in 2021. The loan is described as the largest-ever on the AFD’s balance sheet and is said to build on the €300-million public policy loan provided by AFD in 2022.
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IPP Office confirms ongoing dispute with 13 projects over payment of bid bonds

The head of South Africa’s Independent Power Producer Office (IPPO) has confirmed that it has called the bid bonds for 14 projects that failed to advance to commercial close during the fifth bid window (BW5) of the country’s renewables procurement programme. Bernard Magoro told lawmakers this week that one preferred bidder had agreed to pay the bid bond, but that the other 13 were still the subject of a legal dispute.
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Parts of Jhb face weekend water cuts as Eikenhof substation to undergo repairs

Power and water utilities City Power, Johannesburg Water and Rand Water have advised that an emergency power outage will be implemented at the Eikenhof substation from 08:00 to 16:00 on November 17 and that it will impact on the supply of water in parts of Johannesburg. The outage is necessary for City Power to make urgent repairs to and conduct maintenance at the substation, where a recent assessment found defects, including hot connections on the two transformers that supply power to Rand Water. 
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