South Africa in talks with energy partners on loan guarantees

South Africa is in talks with its international climate-finance partners over the provision of guarantees for loans for the construction of energy-related infrastructure. “We are managing, in particular, issues with our international partners” around guarantees, said Joanne Yawitch, head of the project management unit for the $9.3-billion pact within the South African presidency, at an event in the eastern town of eMalahleni on Friday. “We are on the edge of seeing some of that finance flowing.”