New fund to finance cross-border electricity transmission in Southern Africa

The Southern African Power Pool’s (SAPP’s) Regional Transmission Infrastructure Financing Facility (RTIFF) will be managed by climate-focused blended finance fund manager Climate Fund Managers (CFM), it was jointly announced on Tuesday, on the fringes of the 2024 Africa Energy Indaba, in Cape Town. The RTIFF, developed by the SAPP in partnership with the Southern African Development Community (SADC), aims to raise $1.3-billion to finance improved electricity interconnection and cross-border …