South Africa: AFD agrees R1.5bn Eskom loan

Issue 383 - 20 Dec 2018
Agence Française de Développement (AFD) signed a R1.5bn (€90m) loan agreement with Eskom on 13 December to support a grid project on the west coast. The loan is the first tranche of a €400m multi-tranche facility signed in March 2017. The first tranche will finance construction of the Namaqualand Strengthening Phase II: Juno Gromis Project, which will see construction of a 282km, 400kV transmission line connecting the Juno substation in the Western Cape to the Gromis substation in the Northern Cape.

Want to read more?

Medium article


(Access to one 401-800 word article)

Subscribe to African Energy

View subscription options

Don't have an account?

Register for access to our free content

An account also allows you to view selected free articles, set up news alerts, search our African Energy Live Data power projects database and view project locations on our interactive map


Need help?

A member of our team will be pleased to assist you

Sales – Alex Wark

Support – Tara Mulvey

Tel: +44 (0)1424 721667