Standard Bank to provide N$1.2bn for 44 MW Diaz wind project in Namibia

Financial services firm Standard Bank has partnered with wind power project company InnoVent SAS to fund the development and construction of the 44 MW Diaz Wind Project, which will be Namibia’s largest wind energy farm. Standard Bank will provide N$1.2-billion towards the construction cost of the project.
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DBSA invests R100m into EV charging station company

The Development Bank of Southern Africa (DBSA) has made a R100-million equity investment into electric vehicle (EV) charging station company CHARGE, which aims to develop a network of ultra-fast charging stations along South Africa’s national roads. The company opened its first off-grid charging service station late last year in Wolmaransstad, in the North West province, and is aspiring to develop 120 solar-powered charging stations on the country’s major highways at 150-km intervals.
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