Infrastructure Fund secures R550m grant for Jhb waste-to-energy project

The Infrastructure Fund, a blended finance platform created through a partnership between the Development Bank of Southern Africa (DBSA), the National Treasury and Infrastructure South Africa, has secured a R550-million grant from Invest International to support the implementation of the City of Johannesburg’s (CoJ’s) Alternative Waste Treatment Technology (AWTT) project. Valued at about R5.7-billion, the AWTT project marks a significant milestone in South Africa’s transition towards sustainable waste management and renewable energy.
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Salga says Eskom’s proposed distribution agency agreements put municipal mandates at risk

The South African Local Government Association (Salga) has warned that Eskom’s proposal to implement distribution agency agreements (DAAs) to curb growing municipal debt to the utility could be perceived as a backdoor takeover of municipal electricity distribution functions. Eskom outgoing CFO Calib Cassiem earlier this month proposed the use of DAAs and prepaid supply models as possible solutions to the growing municipal debt problem.
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