Perspective
08 July 2016
$1.34 bn AfDB loan 'a very good story' for Eskom
Region:
Middle East & Africa
Earlier this week, South Africa's state-operated power electricity firm, Eskom, signed a $1.34 billion loan with the African Development Bank (AfDB). The funds will be used for the company's general capital expansion, which includes new power plants, maintenance and refurbishment of generation, transmission and distribution facilities.
