KfW

Eskom receives R4 billion loan

Power utility Eskom has received a $339 million (R4 billion) loan from KfW to help modernise its power grid, Germany’s state-controlled development bank said on Wednesday. KfW said in a statement that the loan will be used to connect solar...

Eskom’s €100 million loan agreement

Eskom has signed a €100 million loan agreement for the funding of the 100 MW concentrating solar power plant. Eskom and Agence Française de Développement (AFD) agreed to facilitate the signing of a €100 million (R1.3 billion) credit facility...