South Africa gets ?500 million German loan for energy transition

NAMPA / DPA

2025-07-25

Cape Town (dpa) - South Africa is to receive a ?500 million ($588 million) loan from the German state-owned development bank KfW. The German Development Minister, Reem Alabali Radovan, announced the loan on Friday during her first trip to the African continent. The money is intended to help South Africa implement planned reforms that create favourable conditions for private sector investment, including the expansion of networks for solar and wind......

Restricted content

Economy

German seaports need ?15 billion in investment, association says

2025-07-26 12:00:53

Wall Street finishes the week on a strong note

2025-07-26 07:30:29

South Africa gets ?500 million German loan for energy transition

2025-07-25 22:30:46

European stocks close down on trade deal fears, low earnings updates

2025-07-25 21:31:56

European stocks close down on trade deal fears, low earnings updates

2025-07-25 20:01:28

Investments instead of tariffs - Volkswagen bets on deal with Trump

2025-07-25 17:34:11

Russia slashes interest rates again on easing price pressures

2025-07-25 17:34:09

Investments instead of tariffs - Volkswagen bets on deal with Trump

2025-07-25 16:33:32

Porsche's operating profit plummets 91% in second quarter

2025-07-25 16:33:27

NatWest's profit surges 18% after gaining Sainsbury's Bank

2025-07-25 16:33:24

Porsche's operating profit plummets 91% in second quarter

2025-07-25 16:33:22

Latest NAMPA photos

MARIENTAL, 23 July 2025 - The Parliamentary Standing Committee on Gender Equality, Health and Social Service paid a courtesy visit to the office of the Hardap Governor, Riaan McNab on Wednesday. (Photo by: Charmaine Boois) NAMPA

NAMPA

SWAKOPMUND, 24 July 2025 - Erongo Governor Natalia /Goagoses flanked by some state owned enterprises mascots at the opening of the SOE sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 24 July 2025 - State Owned Enterprises mascots engaging in a session of Zumba dance ahead of the sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA

SWAKOPMUND, 24 July 2025 - State Owned Enterprises teams parading ahead of the sports games taking place at the Vineta Sports Stadium in Swakopmund. (Photo by: Isabel Bento) NAMPA

NAMPA

WINDHOEK, 24 July 2025 - Special Envoy and Vice President of Sudan, Malik Agar Nganyoufa Eyre with the Sudanese delegation at the Namibian State House. (Photo by: Eba Kandovazu) NAMPA

NAMPA

EENHANA, 24 July 2025 - Eenhana Mayor Omri-Onn Kavandje. (Photo: Contributed)

NAMPA